Daimler investing ~€100M in Deutsche ACCUmotive to expand lithium-ion battery system production; stationary storage
Daimler AG is expanding its production capacities for lithium-ion battery systems with investments of around €100 million (US$125 million) in its Deutsche ACCUmotive subsidiary in coming years. Currently, a new building to be completed by mid-2015 is under construction in Kamenz, Germany. With the completion of the third construction phase Deutsche ACCUmotive will have nearly 20,000 m² of production and logistics space at its disposal—four times the area since the start of production in the year 2011.
Deutsche ACCUmotive’s product range currently includes three lithium-ion battery systems for different models. This includes the current smart fortwo electric drive and the Mercedes-Benz Models S 300 BlueTEC HYBRID, S 400 HYBRID, E 300 BlueTEC HYBRID, E 400 HYBRID and C 300 BlueTEC HYBRID. The company has delivered more than 50,000 lithium-ion battery systems to date. Earlier this month, Daimler said it would cease production of Li-ion battery cells at its LiTec subsidiary, with the intention of sourcing cells for the packs from outside the company. (Earlier post.)
Deutsche ACCUmotive was founded in 2009 for the development and production of lithium-ion battery systems for vehicles; the company is a wholly-owned subsidiary of Daimler AG. The research and development activities of Deutsche ACCUmotive are located in Nabern in the Stuttgart area and the production takes place in the Saxon city of Kamenz. Series production started in the year 2011.
We are looking forward to continuous growth in the demand for Deutsche ACCUmotive batteries. Deutsche ACCUmotive will be producing the lithium-ion batteries for the upcoming electric versions of the smart fortwo and forfour from 2016 as well as for future hybrid models of Mercedes-Benz. The development and production of our lithium-ion batteries is competitive in every respect. We are in the black at Deutsche ACCUmotive—Frank Blome, Managing Director of Deutsche ACCUmotive
Systematic hybridization is a fixed element of Daimler’s powertrain strategy. In the current year, Mercedes-Benz has sold more hybrid-driven vehicles than all other German manufacturers combined, the company said.
Additional growth opportunities outside the automotive industry also arise for Deutsche ACCUmotive through the entry into the business with stationary applications, where the vehicle batteries serve as the technological foundation for the development of stationary energy storage units.
The scalability of the storage systems enables the use of the lithium-ion batteries for network stabilization and smoothing of peak loads (peak shaving) for energy producers as well as private households, for example, in conjunction with photo-voltaic installations.
Blome said the company has already completed its first customer contracts.