Daimler Increasing Lithium-Ion Battery Production Capacity With €100 Million In New Investments

9 years ago James Ayre
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DaimlerDaimler AG will be expanding its lithium-ion battery production capacity significantly over the coming years via expected investments of over €100 million into the Deutsche ACCUmotive subsidiary, according to recent reports.

Amongst other expansion plans, the company is currently developing a new building/facility that’s currently expected to be completed the middle of 2015 in the city of Kamenz.

“We are looking forward to continuous growth in the demand for Deutsche ACCUmotive batteries,” stated Frank Blome, Managing Director of Deutsche ACCUmotive, during a recent ceremony for the previously mentioned new production hall.

Once this “third construction phase” is completed, Deutsche ACCUmotive will possess around 20,000 m² of production/logistics space — which is roughly four times what it had available at the start of production in 2011.


 

“The production of battery systems by Deutsche ACCUmotive GmbH in Kamenz will contribute significantly to the growing expertise of the auto state Saxony in the area of electro mobility and battery technology. That is why I am pleased about the three-digit million investments in a company like Deutsche ACCUmotive GmbH here in Kamenz,” noted Saxony’s Prime Minister Stanislaw Tillich. “The expansion of the company again shows that Saxony has much to offer as an innovation location. With excellent research close to industry at the technical universities, colleges and research facilities as well as with very well educated specialist manpower. These are the best prerequisites for investments here in Kamenz and in the entire free state of Saxony.”

As it stands currently, Deutsche ACCUmotive is a wholly-owned subsidiary of Daimler AG that supplies lithium-ion batteries for the current smart fortwo electric drive and the hybrid variants of the C-, E- and S-Class of Mercedes-Benz. The company has delivered more than 50,000 lithium-ion batteries to date, since series production started in 2011.

Image Credit: Daimler AG/Deutsche ACCUmotive

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James Ayre

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

James Ayre has 4830 posts and counting. See all posts by James Ayre

2 thoughts on “Daimler Increasing Lithium-Ion Battery Production Capacity With €100 Million In New Investments”

  • Wilibald Oplatek
    December 13, 2014 at 7:21 pm
    Permalink

    Compared to $4 billion Tesla/Panasonic Gigafactory investment, this only shows how far ahead Tesla is in strategic thinking.

    • Philip W
      December 14, 2014 at 9:13 am
      Permalink

      I agree, but Daimler and other bug car manufacturers have one big advantage. They already have lots of production facilities. So as they start phasing out ICE production they can ramp up battery/EV production a lot quicker and cheaper.
      As demand grows exponentially, Tesla will have more and more trouble building new facilities fast enough. But I´m sure Elon Musk knows this and is already planning ahead accordingly.

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