During a groundbreaking ceremony in eastern Germany, premium carmaker Daimler has confirmed its e-mobility ambitions. The company is building another huge factory for the production of e-batteries.Automaker Daimler on Monday broke the ground for a second e-battery production facility in Kamenz, Germany, where its subsidiary Accumotive had already been churning out batteries for the firm’s all-electric and hybrid models since 2012. In the presence of German Chancellor Angela Merkel, Daimler CEO Dieter Zetsche said the carmaker was aiming to be a driving force of change in the automotive industry and in the age of e-mobility. Daimler had said it was willing to pump roughly 1 billion euros ($1.1 billion) into a global e-battery production network, with half of the resources going to the new facility in Kamenz. Daimler-Accumotive’s new factory is to be operational by mid-2018, with the local workforce to gradually grow to roughly 1,000 by 2020.

Source: Daily News Egypt May 22, 2017 15:00 UTC