DaimlerEvonik

In 2008 Daimler and Evonik announced their plans for a joint venture to produce lithium ion batteries for the automaker's upcoming hybrid and electric vehicles. What may be a combination of confidence in the technology and ...

The next stage of Daimler's efforts to electrify road vehicles will start moving ahead this fall when construction begins on a new battery plant. The plant will be part of the joint venture announced last fall between Daimler ...

Batteries are the biggest hurdle to get electric vehicles to market. Most automakers are already getting their packs through joint ventures with electronics companies, but there are also companies like Tesla that are manufacturing their own packs using off-the-shelf lithium ion cells. Tesla is ...