Christoph Rauwald and Tara Patel

Business, Technology, Fuel

Mercedes-Benz Plans $8.2 Billion European Battery Venture

Mercedes EQT The Mercedes-Benz EQE electric vehicle. (Alex Kraus/Bloomberg)

Daimler AG will team up with Stellantis NV and TotalEnergies SE to boost the scale of their European battery venture to more than 7 billion euros ($8.2 billion) in a move to secure supplies for electric Mercedes-Benz cars.

September 24, 2021