“Fearing an e-powered price war”
German electric carmakers have shied away from producing their own battery cells because of competition from Asia, report Franz Hubik, Lukas Bay and Stephan Scheuer for Handelsblatt Global Edition. China plans to take a leading role in the e-car battery market, but lower quality and safety standards may prevent German carmakers from using cheaper Chinese cells. Daimler and others are making their own battery systems using cells from Japanese and South Korean companies.
Read the article in English (behind paywall) here.
For background, read the CLEW factsheet Reluctant Daimler plans “radical” push into new mobility world.