Stock Market News

Mercedes-Benz lays first stone of new battery cell campus in Germany

2022.05.31 18:16

Mercedes-Benz lays first stone of new battery cell campus in Germany
FILE PHOTO: The Mercedes-Benz logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany, September 10, 2019. REUTERS/Ralph Orlowski/File Photo

BERLIN (Reuters) – Mercedes-Benz laid the first stone of a new research and development campus at its Untertuerkheim site in Germany on Tuesday which will research, design and begin small series production of battery cells from 2023, the carmaker said.

The campus, in which Mercedes-Benz is investing a three-digit-million euro sum, will also have a battery safety lab running by 2025 which will test the safety, longevity and environmental impact of batteries.

The luxury carmaker, whose previous CEO deemed producing battery cells in-house too costly, has taken a strategic turn under chief executive Ola Kallenius towards aiming for more control over its battery supply chain.

“The battery is a key component of electromobility. Mercedes-Benz will cover the full field of battery technology at this site – from research to development to production, Kaellenius said in a statement.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,594.42 0.59%
ethereum
Ethereum (ETH) $ 3,357.93 0.46%
tether
Tether (USDT) $ 1.00 0.00%
solana
Solana (SOL) $ 258.56 0.49%
bnb
BNB (BNB) $ 671.90 6.81%
xrp
XRP (XRP) $ 1.55 12.05%
dogecoin
Dogecoin (DOGE) $ 0.459533 17.04%
cardano
Cardano (ADA) $ 1.10 27.85%
usd-coin
USDC (USDC) $ 1.00 0.01%
staked-ether
Lido Staked Ether (STETH) $ 3,368.60 0.17%
tron
TRON (TRX) $ 0.209582 5.41%
avalanche-2
Avalanche (AVAX) $ 43.08 19.72%
shiba-inu
Shiba Inu (SHIB) $ 0.000027 7.90%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,962.18 0.97%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,259.33 0.66%
the-open-network
Toncoin (TON) $ 5.64 2.44%
stellar
Stellar (XLM) $ 0.433487 54.70%
polkadot
Polkadot (DOT) $ 7.73 26.47%
chainlink
Chainlink (LINK) $ 17.12 11.91%
bitcoin-cash
Bitcoin Cash (BCH) $ 531.66 7.74%
sui
Sui (SUI) $ 3.61 1.29%
weth
WETH (WETH) $ 3,346.01 0.88%
pepe
Pepe (PEPE) $ 0.000021 1.47%
leo-token
LEO Token (LEO) $ 8.56 2.89%
near
NEAR Protocol (NEAR) $ 6.41 12.54%
litecoin
Litecoin (LTC) $ 101.79 13.41%
aptos
Aptos (APT) $ 12.80 7.04%
uniswap
Uniswap (UNI) $ 10.57 12.77%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,524.35 0.66%
hedera-hashgraph
Hedera (HBAR) $ 0.149328 13.52%
internet-computer
Internet Computer (ICP) $ 11.23 17.50%
crypto-com-chain
Cronos (CRO) $ 0.1915 0.42%
usds
USDS (USDS) $ 0.998489 0.35%
ethereum-classic
Ethereum Classic (ETC) $ 29.55 5.29%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.543169 18.03%
render-token
Render (RENDER) $ 7.98 8.82%
kaspa
Kaspa (KAS) $ 0.160919 6.91%
bittensor
Bittensor (TAO) $ 532.73 6.09%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
bonk
Bonk (BONK) $ 0.00005 1.95%
vechain
VeChain (VET) $ 0.046173 41.40%
whitebit
WhiteBIT Coin (WBT) $ 24.60 0.93%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.35 6.99%
mantra-dao
MANTRA (OM) $ 3.80 4.64%
dai
Dai (DAI) $ 1.00 0.06%
arbitrum
Arbitrum (ARB) $ 0.832421 6.10%
dogwifcoin
dogwifhat (WIF) $ 3.39 2.90%
blockstack
Stacks (STX) $ 2.09 7.77%
cosmos
Cosmos Hub (ATOM) $ 8.02 22.70%
filecoin
Filecoin (FIL) $ 5.14 11.02%