News Digest Item
31 Oct 2016

Daimler CEO – Battery cell production in Germany not economically viable


It doesn’t make economic sense for German carmakers to produce e-car battery cells, according to Daimler CEO Dieter Zetsche. “We know today that we can buy them for a fraction of our costs on the international market […] and no-one knows which technology will prevail,” Zetsche said in an interview with business daily Handelsblatt, adding that cell production was highly automated and therefore could not secure many jobs.

Find the interview in German (behind paywall) here.

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