BATTERY BET

2nd June 2017

     

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German Chancellor Angela Merkel, centre, at the inauguration of Deutsche Accumotive’s electric automobile battery factory, in Kamenz, Germany. The plant will assemble lithium-ion energy-storage units for Daimler, whose executives are pictured marking the milestone along with Merkel. Bloomberg reports that the facility, 130 km south of Berlin, highlights a push by both major automakers and power companies into energy storage.

Edited by Creamer Media Reporter

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