Daimler to buy electric car battery cells from China's CATL
Reuters
Published May 02, 2018 15:06
Daimler to buy electric car battery cells from China's CATL
STUTTGART, Germany (Reuters) - Daimler (DE:DAIGn) has awarded a contract for supplying electric car battery cells to China's Contemporary Amperex Technology (CATL), the German carmaker's procurement executive, Sabine Angermann, said on Wednesday.
Speaking at a press conference in Stuttgart, Germany, to discuss sourcing of raw materials for electric car batteries, Angermann declined to reveal further details about the volume of the supply contract and whether it goes beyond supplying battery cells for Mercedes-Benz cars built outside of China.
Daimler reiterated it had joined the Responsible Cobalt Initiative, a programme established under a Chinese industry body to tackle risks in the cobalt supply chain arising from artisanal mining.
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Written By: Reuters
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