Daimler is buying nearly $23 billion of battery cells to power its electric vehicle offensive

Daimler plans to buy $23 billion worth of battery cells by 2030 as the maker of Mercedes-Benz vehicles and commercial trucks prepares to bring dozens of electric and hybrid vehicles to market. The German automaker didn’t disclose which companies would supply them with batteries. However, Daimler does have supply deals with LG Chem and SK … Continue reading Daimler is buying nearly $23 billion of battery cells to power its electric vehicle offensive