https://edition.cnn.com/2018/12/11/business/daimler-electric-car-batteries/index.html
Daimler said in statement on Tuesday it was spending €20 billion ($23 billion) on battery cells, and investing another €1 billion ($1.1 billion) in eight battery factories in Germany, China, Thailand and the United States.
The German carmaker wants to offer an electric or hybrid version of all its models by 2022, and it says the battery cell purchases will ensure a steady supply of essential components until 2030.
"We are systematically pushing forward with the transformation into the electric future of our company," Daimler CEO Dieter Zetsche said in the statement.
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