Mexican Media Brands
Daimler Expects to Buy €20 Billion Worth of Battery Cells
Daimler AG says it intends to buy more than €20 billion ($22.6 billion) worth of battery cells between now and 2030 to power its future electrified vehicles.
#hybrid
Share
Daimler AG says it intends to buy more than €20 billion ($22.6 billion) worth of battery cells between now and 2030 to power its future electrified vehicles.
CEO Dieter Zetsche notes that the company’s Mercedes-Benz brand alone intends to introduce 130 electrified passenger cars and SUV/crossovers by 2022. Daimler also is developing an array of electrified commercial vehicles.
Zetsche didn’t say how the cell purchases will be allocated. Daimler already buys cells from China’s Contemporary Amperex Technology and South Korea’s LG Chem and SK Innovation. The company also is building a network of six factories to assemble cells into batteries in China, Germany, Thailand and the U.S.
RELATED CONTENT
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
-
Mustang Changes for 2018
On Tuesday Ford unveiled—using the social media channels of actor Dwayne Johnson (this has got to unnerve some of the auto buff book editors)—the 2018 Mustang, which has undergone some modifications: under the hood (the 3.7-liter V6 is giving way to a 2.3-liter EcoBoost four, and a 10-speed automatic is available), on the dash (a 12-inch, all-digital LCD screen is available for the dashboard), at the tires (12 wheel choices), on the chassis (MagneRide damper technology is being offered with the Mustang Performance Package), and on the exterior (three new paint colors). And while on the subject of the exterior, there are some notable changes—a lower, remodeled hood, repositioned hood vents, new upper and lower front grilles, LED front lights, revised LED taillamps, new rear bumper and fascia.
-
Jeeps Modified for Moab
On Easter morning in Moab, Utah, when the population of that exceedingly-hard-to-get-to town in one of the most beautiful settings on Earth has more than doubled, some people won’t be hunting for Easter eggs, but will be trying to get a good look at one of the vehicles six that Jeep has prepared for real-life, fast-feedback from the assembled at the annual Easter Jeep Safari.
