Federal Chancellor Dr. Angela Merkel in a conversation with Daimler AG’s Dieter Zetsche and two employees of Accumotive accompanied by Minister President of Saxony Stanislaw Tillich as well as Mercede
Daimler breaks ground on EV battery ‘gigafactory’

Lays foundation for one of the biggest and most modern battery factories in the world; €500 million plant will challenge Tesla's Gigafactory and produce lithium ion batteries for Mercedes-Benz's EQ sub-brand.

23 May 2017 | 4728 Views | By Greg Kable, Autocar UK icon icon icon icon

German Chancellor Angela Merkel yesterday broke ground on a new 500 million euro (Rs 3,822 crore) factory in Germany that is planned to assemble lithium ion battery packs for Mercedes-Benz’s upcoming line-up of EQ-branded electric cars as well as its Smart Electric Drive models, new electric commercial vehicles and future hybrid models.

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