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Daimler Takes Next Step Towards E-Mobility; To Open Battery Plant

The lithium-ion battery factory is going to be built at Daimler's wholly-owned subsidiary, of battery manufacturer for hybrid and electric vehicles, Accumotive.

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German automotive manufacturer Daimler takes next strategic step towards electric mobility; has laid the foundation for a second factory for lithium-ion batteries in Kamenz, Germany with an investment of around 500 million euros (approximately over Rs 3600 crore).

This is going to be one of the biggest and most modern battery factories in the world, claims the company in an official statement.

The factory is going to be built at Daimler's wholly-owned subsidiary, of battery manufacturer for hybrid and electric vehicles, Accumotive.

“The automotive industry is facing a fundamental transformation and we see ourselves as the driving force behind this change,” says Dieter Zetsche, Chairman of the Board of Daimler and Head of Mercedes-Benz Cars. “The battery factory in Kamenz is an important component in the implementation of our electric offensive. By 2022, we will have more than ten purely electric passenger cars in series. We also continue to drive forward the hybridization of our fleet. Under the EQ brand, we are creating a holistic ecosystem for e-mobility.”

Daimler invests an overall amount of around 1 billion euros (approximately over Rs 7200 crore)in a global production compound for batteries. “With the second battery plant in Kamenz, we are giving the initial start for the development of the first premium eBattery factory,” says Markus Schäfer, Member of the Divisional Board of Mercedes-Benz Cars, Production and Supply Chain.

The automaker further added, "The new production facility is scheduled to go into operation in mid-2018. The new plant will quadruple the production and logistics area in Kamenz to a total of around 80,000 square meters. By the end of the decade, Daimler aims to have a total of over 1,000 employees at the site."

“The German Chancellor’s visit at Accumotive underlines the importance of electric mobility in Germany and the good perspectives for the future location in Kamenz. For our workforce, this is a great signal acknowledging their know-how and top quality performance in the last years. To date, we have delivered more than 80,000 batteries based on lithium-ion technology,” says Frank Blome, Managing Director, Deutsche Accumotive.

Mercedes-Benz has scheduled over ten new electric passenger cars by 2022; in all segments from smart to large SUVs. It will invest 10 billion euros (approximately over Rs 7200 crore) in the expansion of the electric fleet in the next few years.