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SK Innovation to build EV batteries in US?

Mon, 10/08/2018 - 00:00 -- Hugh Finzel
SK innovation

South Korean energy and chemical company SK Innovation (SKI) is reportedly considering building an electric vehicle battery plant in the US, but is staying tight-lipped on details.

The announcement follows President Donald Trump’s order of a ‘Section 232’ investigation that could lead to the US slapping a 25% import tariff on automobile parts brought into the US. 

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Mercedes’ billion euro pledge on batteries

Mon, 09/10/2018 - 13:54 -- Hugh Finzel
Dieter Zetsche

Mercedes-Benz has announced investments of more than €1 billion (US$1.1bn) in “global battery production” in concert with the launch of its first fully-electric vehicle— the ‘EQC’.

The auto firm’s chief Dieter Zetsche gave the batteries pledge as the company said it would also invest more than €10bn in the expansion of its EQ model portfolio.

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Daimler gears up new battery plant

Tue, 08/07/2018 - 12:57 -- News Editor
Daimler logo

Battery production at the Mercedes-Benz factory in Untertuerkheim, near Stuttgart, will begin at the end of the decade.

After workers, worried about their jobs, went on strike last month, Daimler reassured them that Untertuerkheim will be developed into a high-tech ‘competence centre’ for integrating the electric powertrain into production, testing electric-drive prototypes, and manufacturing batteries and other components for electric cars.

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German firms warn US in new Trump trade tirade

Tue, 08/07/2018 - 11:31 -- John Shepherd
German firms warn US in new Trump trade tirade

German auto firms have indicated they could pull the plug on new investments in battery manufacturing and related facilities in the US if they are forced to pay increased tariffs under a “national security” review.

The warning came after the Trump administration launched an investigation that could pave they way for new tariffs to be slapped on automotive products from Europe, Japan and South Korea.

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CATL ‘signs EV batteries deals with Daimler, Hyundai’

Thu, 05/10/2018 - 09:48 -- Xuan Zhong
CATL ‘signs EV batteries deals with Daimler, Hyundai’

China’s Contemporary Amperex Technology (CATL) has reportedly been awarded contracts to supply electric car batteries to Germany’s Daimler and South Korea’s Hyundai Motor. 

Daimler’s procurement executive Sabine Angermann confirmed the firm’s involvement with CATL at a press conference in Stuttgart, according to Reuters.

 

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Chinese cells ‘to power more German EVs’

Tue, 04/03/2018 - 11:45 -- John Shepherd
Chinese cells ‘to power more German EVs’

Mercedes-Benz is reportedly to use battery cells made under its partnership operations in China in some cars made by the firm worldwide.

Dieter Zetsche (pictured), chairman of the German carmaker's parent company Daimler, made the announcement in Beijing, the China Daily reported.

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Daimler-BAIC to build Beijing battery and car plant as Geely takes Daimler stake

Mon, 03/05/2018 - 11:48 -- Xuan Zhong
Daimler-BAIC to build Beijing battery and car plant as Geely takes Daimler stake

German auto giant Daimler is investing in a second battery and car production plant in Beijing with its Chinese state-owned automobile partner BAIC.

Daimler told BBB the companies would jointly invest more than CNY11.9 billion ($1.9bn) in the new facility at their Beijing Benz Automotive (BBAC) joint venture making lithium-ion batteries and “high-quality premium vehicles” for Daimler’s Mercedes-Benz brand.

 

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Daimler silent on Geely ‘battery tech buy-in’ report

Mon, 02/12/2018 - 10:43 -- John Shepherd
Daimler silent on Geely ‘battery tech buy-in’ report

Daimler is staying mum on a report that Chinese carmaker Geely has bought a stake in the German peer with a view to partnering on battery tech for electric vehicles.

According to Reuters, sources believe Geely, which owns Volvo, “is keen to access Daimler's battery technology and wants to establish an electric car joint venture in Wuhan, the capital of China's Hubei province”.

 

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Daimler plans EV batteries plant in Alabama

Wed, 10/11/2017 - 09:39 -- Xuan Zhong
Daimler plans EV batteries plant in Alabama

Daimler is to build a new battery manufacturing plant in Alabama for its Mercedes-Benz subsidiary— which has confirmed it is to start making electric vehicles in the US.

Daimler said construction of the one million square-foot battery plant in Tuscaloosa— the group’s fifth such facility worldwide— is set to begin in 2018.

 

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Daimler joins investors in fast-charge firm StoreDot

Wed, 09/20/2017 - 10:17 -- News Editor
Daimler joins investors in fast-charge firm StoreDot

Israeli start-up StoreDot has raised a further $60 million to support the scaling-up of its electric vehicle (EV) fast-charge FlashBattery technology in a third round of funding led by the truck division of Germany’s Daimler.

StoreDot has said previously it was in talks with European and Chinese car OEM’s about its technology.

 

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