Daimler – Page 1577 – I wish I had more to offer

Daimler increasingly Chinese: Baic buys 5% of the German group

ServiceTHE CAR RISIKO Beijing Automotive becomes the third largest shareholder of the Stuttgart giant, which in turn owns 9.55% of the Asian giant. Geely remains the leading shareholder by Mario Cianflone 23 July 2019 (USA Today / AP) 2 ‘of reading Daimler again targeted by the Chinese. The German group that controls the Mercedes-Benz brands,… Continue reading Daimler increasingly Chinese: Baic buys 5% of the German group

A successful year for ALL TIME STARS.

Showroom scheduled to open in Motorworld München. “2017 was a successful year for ALL TIME STARS”, says Christian Boucke, Head of Mercedes-Benz Classic. “Our good performance is a perfect match for the outstanding development at Mercedes-Benz Cars.’ Patrik Gottwick, responsible for the vehicle business at Mercedes-Benz Classic: “We are proud that we have also been… Continue reading A successful year for ALL TIME STARS.

Bolt Receives Investment from NordicNinja VC

Bolt (formerly known as Taxify), an Estonian transportation platform that focuses on urban travel, received an investment from venture capital firm NordicNinja VC. The amount of the deal was not disclosed. The company intends to use the funds to continue to expand operations and its business reach. Launched in 2013 by Markus Villig, Bolt is… Continue reading Bolt Receives Investment from NordicNinja VC

Tesla Will Obtain Battery Cells From LG Chem For Chinese Model 3 Production

Invest
Electric Cars
Electric Car Benefits
Electric Car Sales
Solar Energy Rocks
RSS
Advertise
Privacy Policy

Batteries

Published on August 23rd, 2019 |

by Steve Hanley

Tesla Will Obtain Battery Cells From LG Chem For Chinese Model 3 Production

Twitter
LinkedIn
Facebook

August 23rd, 2019 by Steve Hanley

Tesla has said all along it will work with multiple battery suppliers for the electric cars it manufactures in China, beginning with the Model 3 later this year and including the Model Y later. Both cars will use advanced 2170 cells like the ones manufactured for Tesla by Panasonic at Gigafactory 1 in Nevada.

According to Bloomberg, Tesla has agreed to source at least some of those battery cells from LG Chem. The Korean company will manufacture the cells at its production facility in Nanjing, about 200 miles west of Shanghai where Tesla’s new Gigafactory 3 is under construction. Although work on the new factory was not begun until January 3, Tesla expects Model 3 production to begin there before the end of this year.

Bloomberg adds that Tesla is still in talks with CATL. Anonymous sources say the two companies are discussing technical specifications and that LG Chem was more flexible in meeting Tesla’s technology requirements. There are also rumors that Panasonic may be in the mix somewhere down the road. Representatives for Tesla, LG Chem, and CATL all declined to speak on the record with Bloomberg. LG Chem is now the world’s second largest manufacturer of lithium-ion batteries and intent on further increasing its market share.

Politics & Production
Tesla is wise not to put all its battery eggs in one basket in China, where politics have an outsized impact on commerce. Two years ago, China refused to allow Hyundai and Kia to import any cars with batteries made by LG Chem in South Korea, according to Business Korea. It was only after the companies agreed to power their electric cars with battery cells manufactured by CATL that the ban was lifted, according to the report.

Because of the need to switch suppliers, the Hyundai Kona Electric is only now becoming available in China. And the move by Chinese authorities was no doubt instrumental in LG Chem’s decision to build a battery factory in China.

Why would authorities slap Hyundai and Kia around while smiling benevolently on Tesla? President Xi Jinping does not return our phone calls, so we can’t be sure, but clearly Tesla enjoys some special status with the Chinese government. For whatever reasons, no other foreign manufacturer seems to enjoy such a close relationship.

The Trouble With Tariffs
As Donald Trump and Xi Jinping play “mine’s bigger than yours” in their ongoing tariff fight, China announced today it will reimpose a 25% tariff on cars imported from the US on December 15. According to CNBC, the new tariffs will impact Mercedes and BMW the most. Both German companies export US-made cars to China. Ford will also suffer, as will Tesla with regard to its Model S and Model X vehicles, which are manufactured exclusively at the factory in Fremont, California.

In response, the unstable lunatic in Washington, DC, sent the stock market into a selling panic by tweeting an “order” for all US companies to cease doing business in China forthwith. The Dow shed 600 points as soon as the tweet appeared.

The question now for Tesla is how will the new tariffs affect the cars built in the Chinese factory in Shanghai beginning later this year? According to CNET Road Show, the first cars will be knockdown kits made in Fremont and shipped to Shanghai for final assembly. Tesla does something similar with its factory in Tilburg in the Netherlands.

No one knows the answer to that question at the moment. Is a knockdown kit assembled in Shanghai subject to the new tariff? It’s simply too early to answer that question authoritatively. Given Tesla’s special relationship with the Chinese government, we can only hope the cars exiting Gigafactory 3 will be exempt from the new tariff. It is to be hoped the business community will give the puling potentate of Pennsylvania Avenue the fickle finger of fate and ignore his insane order completely.

What Do We Know?
We know that Model 3 cars will begin rolling out the door at Gigafactory 3 before the end of this year, God willing and the creek don’t rise, and that those cars will have battery cells manufactured in Nanjing by LG Chem. We know that battery cells from CATL or Panasonic might be used in locally produced Model 3s and upcoming Model Ys at some point in the future. And we know that the tariff situation is a muddled mess at the moment. When we know more, you’ll know more.

About the Author

Steve Hanley Steve writes about the interface between technology and sustainability from his home in Rhode Island and anywhere else the Singularity may lead him. His motto is, “Life is not measured by how many breaths we take but by the number of moments that take our breath away!” You can follow him on Google + and on Twitter.

Advertise with CleanTechnica to get your company in front of millions of monthly readers.

CleanTechnica Clothing & Cups

China’s latest retaliatory tariffs could pose trouble for Tesla

Sponsored Links AP Photo/Ng Han Guan The escalating trade war between the US and China could have particularly steep consequences for car brands. China’s Finance Ministry has announced countering tariffs across a range of products, including plans to resume a suspended 25 percent extra tariff on US cars on December 15th — with an extra… Continue reading China’s latest retaliatory tariffs could pose trouble for Tesla

Crisis in the auto industry: 9 out of 32 Conti plants are threatened with closure

The automotive supplier Continental is considering closing nine of the world’s 32 power plants Powertrain. At least 4000 jobs would then be in danger. German locations could also be affected by the job cuts, it is said. When crisis supplier Continental are apparently several works on the edge. In the course of the announced redevelopment,… Continue reading Crisis in the auto industry: 9 out of 32 Conti plants are threatened with closure

China strikes back at U.S. with new tariffs on $75 billion in goods

BEIJING (Reuters) – China said on Friday it will impose retaliatory tariffs against about $75 billion worth of U.S. goods, putting as much as an extra 10% on top of existing rates in the dispute between the world’s top two economies. FILE PHOTO: A U.S. flag on an embassy car is seen outside a hotel… Continue reading China strikes back at U.S. with new tariffs on $75 billion in goods

The Mercedes among small vans

23.

August 2019

Stuttgart

Stuttgart. Mercedes-Benz will continue its engagement in the small van segment persistently and has decided on the successor of its small van Citan as part of the Mercedes-Benz Vans product portfolio – including an electric version. The vehicle will again be established in cooperation with Renault-Nissan-Mitsubishi.
“The new Citan will undergo a comprehensive new development and clearly be recognisable as a Mercedes-Benz at first glance. We will provide for a distinctive brand-adequate identity in the successor of our small van”, explains Marcus Breitschwerdt, Head of Mercedes-Benz Vans.
Mercedes-Benz Vans has been offering the Citan since 2012. The small van with compact dimensions and a large load compartment is ideal for the wide range of challenges encountered in the city. Especially in the growing on-demand transit business the small van will be an even more interesting option for commercial customers. The main foundations for its success were laid by the combination of high functionality, versatility and economy, its comprehensive safety systems and high ride comfort.
With the Citan successor, Daimler AG and Renault-Nissan-Mitsubishi will continue their strategic cooperation which started nine years ago.

Press Contact

Silke Walters

Spokesperson International Business Communications Vans

silke.walters@daimler.com

Tel: +49 (0)711 17-56118

Fax: +49 (0)711 17-52030

Ingeborg Gärtner

Spokesperson Product Communications Vans

ingeborg.gaertner@daimler.com

Tel: +49 (0)711 17-49784

Fax: +49 (0)711 17-52030

Press Contact Overview

Media

Download

Pictures (1)

Documents (1)

Media Contact (2)

Filter

Show thumbnails
Show list
Slideshow

Settings

Preview

Do you really want to delete the data record?

Please wait a moment …

12C945_074

Legend
:

Mercedes-Benz Citan

Release date
:

Aug 28, 2012

On-demand parking startup SpotHero raises $50 million

SpotHero, the Chicago-based company that has developed an on-demand parking app, has raised $50 million in a Series D round led by Macquarie Capital. Union Grove Venture Partners participated in the round, along with existing investors including Insight Venture Partners, Global Founders Capital, OCA Ventures, AutoTech Ventures and others, according to the company. SpotHero has… Continue reading On-demand parking startup SpotHero raises $50 million

Audio specialist: Sennheiser is again successful – and enters the automotive industry

Daniel (left) and Andreas Sennheiser Painful, but successful renovation. (Photo: imago images / Future Image) Dusseldorf Andreas and Daniel Sennheiser get high visit next Thursday. Federal Minister of Economics Peter Altmaier (CDU) pays a visit to the entrepreneurs on his journey through the middle class. Her grandfather Fritz founded the “Laboratory Wennebostel” in Hanover in… Continue reading Audio specialist: Sennheiser is again successful – and enters the automotive industry