Daimler buys out Evonik from Li-Tec and Deutsche ACCUmotive Li-ion companies; Daimler sole owner
Green Car Congress
APRIL 1, 2014
Daimler will acquire all of the shares held by Evonik in Li-Tec Battery GmbH (50.1%) and in Deutsche ACCUmotive GmbH & Co. The two companies originally established their strategic alliance on automotive Li-ion cells in December 2008 ( earlier post ), with the resulting formation of the new joint venture (Deutsche ACCUmotive GmbH & Co.
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