Daimler To Pass 100 1 K M Euros To Expand German Battery Output
Daimler volition pass well-nigh 100 1000000 euros (US$125 million) inwards coming years to increase production of lithium-ion battery packs inwards eastern Germany.
The German linguistic communication automaker said on Mon it volition expand capacity at Deutsche ACCUmotive, its battery-making partition inwards Saxony every bit it expects "high together with steadily-growing demand" for electric-car batteries.
The unit of measurement supplies batteries for the luxury Mercedes division's hybrid S-Class, E-Class together with C-Class models, Daimler said.
Steps to increase battery output necktie inwards amongst Daimler's plans announced last month to stage out production of lithium-ion battery cells at its instant Saxony-based Li-Tec partition past times the goal of 2015.
Daimler aims to utilize the volume of Li-Tec's 250 workers at Deutsche ACCUmotive.
The Stuttgart-based manufacturer inwards time to come plans to purchase battery cells from LG Chem.
Asian makers of battery cells such every bit Samsung, Panasonic together with LG Chem are producing the cells at lower costs, reaping benefits from scale effects every bit they're besides serving non-automotive industries, analysts said.