Bitterfeld-Wolfen is cancelling contract with Farasis
The planned battery cell factory of Daimler partner Farasis Energy in Bitterfeld-Wolfen (Saxony-Anhalt) is probably not going to happen. According to a German media report, Bitterfeld-Wolfen has terminated the urban development contract with Farasis Energy Europe. The company has confirmed the move but the connection has not been completely cut.
Daimler hungry for more CATL batteries
Mercedes-Benz will purchase more battery cells from CATL than planned for its accelerated electrification offensive. There is also new information on the announced eight cell factories with partners.
Farasis battery production in Saxony delayed
According to a media report, the start of battery cell production by Daimler partner Farasis Energy in Saxony-Anhalt will be delayed by two and a half years from April 2022 to October 2024. The background to this is that Farasis is currently pooling all its resources to get its existing factories in China up and […]
Daimler set to bring fossil fuel exit forward
Daimler is apparently preparing for a possible earlier end to gasoline and diesel engines in Europe. Now that it seems most likely the EU Commission will significantly tighten CO2 targets, CEO Ola Källenius wants to further accelerate the electrification of the Mercedes model range.
Farasis and Geely establish JV for Geely batteries
In China, the US battery manufacturer Farasis is establishing a joint venture with the Geely automotive group for the research and development as well as production and sale of lithium-ion batteries for electric vehicles and other applications.
Problems mounting for Daimler battery supplier Farasis
Daimler’s partnership with the Chinese battery cell manufacturer Farasis Energy is in danger of collapsing, according to a media report. Since Farasis was firmly planned as a supplier in the manufacturer’s electrification offensive, this could have a sensitive impact on the Stuttgart-based company’s plans.
Mercedes invests in battery production with Farasis
Mercedes-Benz has agreed a strategic partnership with the Chinese battery cell manufacturer Farasis Energy and is also taking a financial stake in the Ganzhou-based company. Farasis’ already planned plant in Bitterfeld-Wolfen will then primarily supply the German Mercedes plants.