Düsseldorf, Germany – Daimler AG and Evonik Industries AG have announced a partnership to research, develop and produce lithium-ion battery cells and battery systems in Germany. In the near future, Li-Tec cells will appear in electric vehicle versions of Mercedes-Benz cars.
Under the agreement, Daimler AG will take over 49.9 per cent of Li-Tech Vermögensverwaltung, a subsidiary of Evonik Industries. Both partners are seeking involvement by a third shareholder with expertise in electrical and electronic systems integration. The companies will also establish a joint venture with a clear focus on the development and production of batteries and battery systems for automotive applications, with Daimler holding 90 per cent of this joint venture. The batteries produced by the joint venture will be used in both passenger cars and commercial vehicles. The capacity available at Li-Tec and the joint venture will initially be concentrated to Daimler’s needs, but beyond that, the sale of cells and battery systems to third parties is planned.
Due to their technical concept featuring a ceramic separator, current Li-Tec cells are the most suitable for electric vehicles, with a high energy density, compact dimensions and outstanding safety. First-generation lithium-ion flat cell batteries will soon be used in Mercedes-Benz electric vehicles.