Electric Vehicle

Daimler purchase to battery cells for more than 20 billion Euros

Daimler, taking the next step towards securing its CASE corporate strategy, has announced that it will purchase battery cells for more than 20 billion Euros.

The company has already invested billions of euros in the development of the electric fleet and the expansion of its global battery network.

The German automaker also plays a leading role in all four areas of connectivity, autonomous, shared & services and electric. The combination of the individual fields plays a decisive role, especially in the transformation to electric mobility.

The company is systematically pushing forward with the transformation into the electric future of our company, and plans a total of 130 electrified variants at Mercedes-Benz Cars by 2022. In addition, it will have electric vans, buses and trucks.

The company has announced that the global battery production network of Mercedes-Benz Cars will in the future consist of eight factories on three continents. The first factory in Kamenz is already in series production and the second factory there will start series production at the beginning of 2019. Two more factories will be built in Stuttgart-Untertürkheim, one at the company’s Sindelfingen site, and one each at the sites in Beijing (China), Bangkok (Thailand) and Tuscaloosa (USA).

The Automaker also aims to expand competences for the technological evaluation of cells as well as research and development activities. These include the continuous optimization of the current generation of Li-ion systems, the further development of cells bought on the world market and research of the next generation of so-called post-lithium-ion systems.

By 2022, the entire Mercedes portfolio is to be electrified from the smart to the SUVs. In total, there will be well over 130 variants, from the 48-volt electrical system to EQ Boost and plug-in hybrids and more than ten all-electric vehicles powered by batteries or fuel cells. By 2025, sales of battery-electric vehicles are to increase to 15-25 percent of total unit sales – depending on individual customer preferences and the development of the public infrastructure. Along with this, there will also be focus on electric commercial vehicles and the Human Rights Respect System that will create a systematic approach to respect for human rights in sustainable supply chains.

Source: Press Release

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