Daimler to build global production hub for lithium-ion batteries

With an investment of about 500 million euros (Rs 3,640 crore), the new production facility in Kamenz is planned to start operations in the middle of 2018.

25 Oct 2016 | 6159 Views | By Autocar Professional Bureau

Daimler has started the construction phase for a second battery factory at its subsidiary Accumotive’s site in Kamenz, Germany, consolidating its move towards electromobility.

With an investment of about 500 million euros (Rs 3,640 crore), the site in Kamenz will be one of the biggest and battery factories in ...

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