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Daimler to buy $23 billion of battery cells for electric car drive

Daimler to buy $23 billion of battery cells for electric car drive

Publicerat av Tony Harkén onsdag, 12 december 2018.

Daimler (DAIGn.DE) will buy battery cells worth more than 20 billion euros ($23 billion) by 2030 as it readies mass production of hybrid and electric vehicles, the maker of Mercedes-Benz cars said on Tuesday.

The company is one of a number of German automakers massively expanding in electric vehicles as European regulators clamp down on toxic diesel emissions.

Read more at – Reuters

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Tony Harkén

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