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Daimler’s New Battery Factory in Germany With 500M Euros Investment

Date:2017-06-14 09:06:04
Synopsis: the brand newly built battery factory in Germany of Daimler holds about 500M Euros. Daimler subsidiary Deutsche ACCUMOTIVE triples its production
Space to 50 acres of land adjacent to its existing factory.
Daimler is building a second factory scheduled to put into operation in 2018 so as to produce lithium-ion batteries for its Mercedes-Benz and Smart Car brands as the German automaker expands its lineup of electric and plug-in hybrid vehicles. 
The Mercedes-Benz Generation EQ Concept Car
Daimler CEO Dieter Zetsche said, “ as auto industry is confronted with revolution and Daimler always regards itself as the promoter or driver. By 2020, there will be more than ten series of fully electric vehicles developed and owned by Daimler. Most of them features EQ concept. And we are engaging in creating a complete ecosystem for electrification.”











An increasing number of auto manufacturers are mapping out the blueprint of independently developed electric vehicles. Battery formerly known as a kind of chemical products are gradually upgrading as a necessary power general unit for the auto manufacturers. However, the global production capacity of battery is limited, even monopolized by many enterprises who are not specializing in auto sector such as Samsung and SK. To better gain a foothold in market, a number of emerging auto manufacturers including Tesla and BYD are stepping up efforts to built their battery factories.

Remarkably, Daimler’s entry into battery manufacturing means that traditional auto manufacturers are formally embarking the journey to R & D of new energy product. As one crucial power unit of battery vehicles, it is very promising that there will be more and more traditional auto manufacturing enterprises joining in the battery sector.
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