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 East German site is designed as a CO 2 -neutral factory from the start. including taking an equity stake. This equity stake is conditional upon required regulatory approvals.
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