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09 11 2018 03

Daimler AG is expanding its global battery production network and is paving the way for the creation of a cross-divisional electro initiative. The wholly-owned Daimler subsidiary Accumotive at the Kamenz location in Germany will employ around 1,000 people by the end of the year—doubling the workforce almost one year earlier than planned, said Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars.

Accumotive was founded in 2009 is producing lithium ion-batteries for Mercedes-Benz and smart brand vehicles. A second battery factory is being built at this site with an investment of €500 million.

Mercedes-Benz cars will invest €10 billion in the expansion of its electric fleet. By 2022, Daimler will electrify the entire portfolio of Mercedes-Benz, offering customers at least one electrified alternative in all segments.

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