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Letzte Aktualisierung: July 23, 2021

Daimler plans new Gigafactories without Farasis

Daimler is doubling the pace of its electric strategy. The problem: this makes the Stuttgart-based manufacturer more dependent than ever on the reliable procurement of high-quality battery cells. Can Daimler's Chinese partner Farasis deliver as promised? The company apparently has its doubts – and has now announced the construction of its own gigafactories.

Daimler's entry into the electromobility market has been troublesome. In addition to a few hybrid models, the luxury-class manufacturer has so far only offered battery-powered versions of small-series vehicles and its Smart model. The Chinese competition is more than a decade ahead. Under pressure by Chinese authorities, Daimler jointly founded the Denza brand with domestic supplier BYD in 2012, but sales were never particularly high.
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