http://www.just-auto.com/news/daimler-takes-over-evonik-ev-battery-operations_id144597.aspx GERMANY: Daimler takes over Evonik EV battery operations By Graeme Roberts | 1 April 2014
Daimler and Evonik Industries are restructuring their electric vehicle activities in in Kamenz and Kirchheim/Teck, as a result of "changed market conditions". Daimler will acquire all of the shares held by Evonik in Li-Tec Battery (50.1%) and in Deutsche ACCUmotive (10%). This will make Daimler the sole owner of the two companies. The parties have agreed not to divulge the details of the agreement. Daimler and Evonik have jointly developed series production of lithium-ion battery cells for electric vehicles in Kamenz. In line with its systematic focus on specialty chemicals, Evonik had been seeking new perspectives for its lithium-ion business. Harald Kröger, head of development at Mercedes-Benz Cars Electrics/Electronics, said: "Along the value chain for drive system batteries with lithium-ion technology, we now have the two most important components: the production of battery cells and the related development and production of highly complex drive-system batteries as a combination of cells and battery electronics. In this way, we secure not only expertise in electric mobility, but also the sites in Kamenz and Kirchheim/Teck." Li-Tec Battery is based in Kamenz near Dresden. With approximately 380 employees, it develops, produces and distributes large lithium-ion battery cells used in the current Smart Fortwo electric drive. Deutsche ACCUmotive was established in April 2009 as a joint venture to secure the pioneering role of Daimler in the field of electric mobility. The company made Daimler one of the few automobile manufacturers to develop batteries for automotive applications and also to produce them in Germany starting in 2012. Deutsche ACCUmotive had approximately 230 employees at the end of 2013. The company’s headquarters and its research and development department are near Stuttgart in Kirchheim unter Teck/Nabern. Deutschen ACCUmotive’s production plant has been in Kamenz since 2010; a second production building went into operation there in July 2013. [© 2014 just-auto.com] http://europe.autonews.com/article/20140401/ANE/140409997/daimler-to-acquire-evoniks-stake-in-battery-cell-venture-li-tec Daimler to acquire Evonik's stake in battery cell venture Li-Tec April 1, 2014 FRANKFURT (Bloomberg) -- Daimler will acquire Evonik Industries' 50.1 percent stake in their Li-Tec joint venture, making it the sole owner of the lithium ion battery cell manufacturer ... For all EVLN posts use: http://electric-vehicle-discussion-list.413529.n4.nabble.com/template/NamlServlet.jtp?macro=search_page&node=413529&query=evln&sort=date Here are today's archive-only EV posts: EVLN: Proterra Electric Bus purchased by WRTA in MA EVLN: Awesome Verrado 'Electric Drift Trike' (video) EVLN: Free electric charging points set up in Bath.uk car parks EVLN: GM's multiple old problems, repeated business blunders abound EV4sale: Tango-EV used in "HBO’s Silicon Valley" + EVLN: Profiteering i3 EV dealers shaking-down/price-gouging customers {brucedp.150m.com} -- View this message in context: http://electric-vehicle-discussion-list.413529.n4.nabble.com/EVLN-Daimler-takes-over-Evonik-EV-battery-operations-tp4668827.html Sent from the Electric Vehicle Discussion List mailing list archive at Nabble.com. _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA)
