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Daimler expands its e-battery production
Topic Started: May 23 2017, 04:09 AM (2,455 Views)
mysysail
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Global_Hick
http://www.dw.com/en/daimler-expands-its-e-battery-production/a-38942159
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mysysail
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Global_Hick
Automaker Daimler on Monday broke the ground for a second e-battery production facility in Kamenz, Germany, where its subsidiary Accumotive had already been churning out batteries for the firm's all-electric and hybrid models since 2012.

In the presence of German Chancellor Angela Merkel, Daimler CEO Dieter Zetsche said the carmaker was aiming to be a driving force of change in the automotive industry and in the age of e-mobility.

Daimler had said it was willing to pump roughly 1 billion euros ($1.1 billion) into a global e-battery production network, with half of the resources going to the new facility in Kamenz.

Producing batteries locally was key to long-term success, the company emphasized, as stricter emissions regulations made the switch to e-cars a necessity.

Daimler-Accumotive's new factory is to be operational by mid-2018, with the local workforce to gradually grow to roughly 1,000 by 2020.
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nNeo

Potentially a very lucrative market. Right now batteries are the weak link both for electric vehicles and for wind and solar electric. Technology is improving, but there's a long way to go. As more major manufacturers tackle this problem, we're likely to see progress and profits accelerate.
Populism is temporary refuge for the ill-informed.
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