Daimler and Evonik restructure lithium-ion activities | Daimler Global Media Site > Company > Business News
Daimler to acquire from Evonik a 50.1-percent interest in Li-Tec and a 10-percent stake in Deutsche ACCUmotive. This will make Daimler the sole owner of both companies
Daimler and Evonik have together developed the industrial series production of lithium-ion battery cells for electric vehicles in Kamenz. In line with its systematic focus on specialty chemicals, Evonik had been seeking new perspectives for its lithium-ion business.
develops, produces and distributes large lithium-ion battery cells. They are used in the current model of the smart fortwo electric drive. The electric version of the urban two-seater micro car was the market leader amongst all newly registered electric cars in Germany in 2013 with a market share of about 30 percent.