by Mercedes-Benz reported today that it will join Stellantis and Total Energies as equivalent accomplices in Automotive Cells Company (ACC) to make battery cells for electric vehicles.
Recently, Mercedes-Benz reported designs to go all-electric by 2030.
To accomplish that, they must get a great deal of batteries, and at that point, they reported this drive:
“Mercedes-Benz to install battery cell capacity of more than 200 Gigawatt hours with partners, plans for eight Gigafactories.”
In a push toward that objective, they declared that they are taking a stake in Automotive Cells Company (ACC):
“On its path toward an all-electric future, Mercedes-Benz is taking an equity stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules. As announced in July 2021, Mercedes-Benz will be ready to go fully electric by the end of the decade – wherever market conditions allow. To reach its target, the company needs a total battery production capacity of more than 200 Gigawatt hours by the end of the decade and plans to build eight cell factories worldwide together with partners, four of them in Europe. Joining ACC is the next step on the luxury car maker’s strategic course from “Electric first” to “Electric only”.”
ACC was dispatched last year by Stellantis and Total Energies to deliver battery cells for electric transportation in Europe.
The recently shaped organization intends to contribute “more than seven billion euros” to accomplish the yearly creation limit of 120 GWh of battery cells in Europe before the decade’s over.
They are as of now situated in France, yet it’s not satisfactory where the primary volume creation production line will be found.
Ola Källenius, CEO of Daimler AG and Mercedes-Benz AG, remarked on the declaration:
“Mercedes-Benz pursues a very ambitious transformation plan and this investment marks a strategic milestone on our path to CO2 neutrality. Together with ACC, we will develop and efficiently produce battery cells and modules in Europe – tailor-made to the specific Mercedes-Benz requirements. This new partnership allows us to secure supply, to take advantage of economies of scale, and to provide our customers with superior battery technology. On top of that we can help to ensure that Europe remains at the heart of the auto industry – even in an electric era: With Mercedes-Benz as a new partner, ACC aims to more than double capacity at its European sites to support Europe’s industrial competitiveness in the design and manufacturing of battery cells.”
Mercedes-Benz plans to get going its speculation with a “mid-three-digit-million euros” venture one year from now.
The German automaker has had its battery pack fabricating activities, yet it has needed to depend on external providers for battery cells.
While this denotes a passage into its own battery cell creation, the automaker is probably going to host to depend on third-get-together providers for years to come.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Economy Extra journalist was involved in the writing and production of this article.
