To secure the supply of cells for the group’s own battery production facilities through to 2030, the company has signed purchase contracts with various suppliers. According to Daimler, these suppliers are currently producing the cells in both Asia and Europe and are expanding their capacities in Europe plus constructing new plants in the USA.
Subsequently, Daimler will produce/assemble the batteries for its passenger cars, vans, buses, and trucks. It currently operates one plant in Germany and ....
11 Dec 2018
Daimler purchases battery cells worth €20bn
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Daimler purchases battery cells worth €20bn
Mercedes-Benz Group AG (MBG:WBO) | 0 0 0.5% | Mkt Cap: 77,349m
- Published:
11 Dec 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
To secure the supply of cells for the group’s own battery production facilities through to 2030, the company has signed purchase contracts with various suppliers. According to Daimler, these suppliers are currently producing the cells in both Asia and Europe and are expanding their capacities in Europe plus constructing new plants in the USA.
Subsequently, Daimler will produce/assemble the batteries for its passenger cars, vans, buses, and trucks. It currently operates one plant in Germany and ....