The South Korean company is weighing a $10B plan to use new facilities to boost its battery cell manufacturing capacity to about 100 GWh by 2025, a move that would challenge sector leaders including Tesla.
Daimler Mining News
Daimler said it will start building a battery plant as part of its planned $1 billion investment to upgrade its factory in Tuscaloosa, Alabama.
Battery production could become a major choke point for vehicle electrification as more automakers shift their model lineups to EVs and hybrids.
In response to CNN investigation, car manufacturer Daimler promises to audit cobalt supply 'to the mine'
Daimler has pledged to investigate its supply chain to ensure child labour is not being used to power its electric vehicles.