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Daimler AG

Daimler, Mitsui in 2nd life Li-ion cash boost

Thu, 11/02/2017 - 10:48 -- Xuan Zhong
Daimler, Mitsui in 2nd life Li-ion cash boost

German carmaker Daimler AG and Japanese chemicals firm Mitsui & Co., Ltd., are investing in moves to ramp up the development of second use lithium-ion battery storage.

Daimler said it is acquiring a minority stake in German energy services company, The Mobility House AG (TMH), while Mitsui confirmed it too has “made an investment”.

 

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