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Daimler lays foundation for a battery factory

By Swati Deshpande,

Added 23 May 2017

One of the biggest battery factories in the world

By laying the foundation for one of the biggest and most modern battery factories, Daimler AG is setting new standards in the international automotive industry, thereby taking the next strategic step in its electric offensive.

At the wholly-owned subsidiary ACCUMOTIVE in Kamenz, the second factory for lithium-ion batteries is built with an investment of around 500 million euros. Guests of honour at the ceremony were Federal Chancellor Dr. Angela Merkel and Stanislaw Tillich (Minister President of Saxony), who, together with Dieter Zetsche (Chairman of the Board of Daimler AG and Head of Mercedes-Benz Cars), Markus Schäfer (Member of the Divisional Board of Mercedes-Benz Cars, Production and Supply Chain), Frank Deiss (Head of Powertrain Production and Site Manager Mercedes-Benz Plant Untertürkheim) and Frank Blome (Managing Director Deutsche Accumotive GmbH & Co. KG), laid the casing of a vehicle battery as the foundation stone.

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