Mercedes-Benz announces strategic partnership and equity stake in Chinese battery cell manufacturer Farasis
Green Car Congress
JULY 3, 2020
Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., The contract will provide a secure source of supply of battery cells for Mercedes-Benz’s electrification strategy, while Farasis gains security for its planned construction of production capacity.
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