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Latest Mercedes-Benz News

Tianqi Lithium Pours $150M In Mercedes-Geely Smart EV Alliance

Giancarlo Perlas July 17, 2023

In a crucial move towards furthering the development of electric vehicles (EVs), Tianqi Lithium, China’s largest lithium miner, has announced a substantial investment of $150 million in the electric vehicle joint venture of renowned auto manufacturers Mercedes-Benz and Geely Holding Group. This strategic investment comes as part of Smart Mobility’s Series A financing round, aiming to raise between $250 million to $300 million, and will allow Tianqi Lithium to expand its business scope and strengthen collaboration with carmakers. Growing Integration in the New Energy Vehicle Industry As the new energy vehicle industry continues to flourish, closer integration between the upstream and downstream sectors has become a prevailing trend. Recognizing the… Continue Reading »

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Mercedes-Benz Battery Recycling Facility To Be Put Up In Kuppenheim

Giancarlo Perlas March 12, 2023

Mercedes-Benz has announced the groundbreaking ceremony for its new battery recycling factory in Kuppenheim, Germany, which will establish closed-loop recycling of battery raw materials and cut resource consumption. First Stage The plant’s first stage, the mechanical dismantling of electric vehicle batteries, is scheduled to commence by the end of this year, followed by the establishment of a hydrometallurgy pilot plant subject to the outcome of discussions with the public sector. This integrated recycling concept within a single factory is currently unique in Europe. Budget Mercedes is pouring a “double-digit million Euro” into the construction of the battery recycling plant, which comes from the coffers of the German Federal Ministry of… Continue Reading »

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Daimler Uses EV Battery Modules to Add Supply to the German Energy Grid

Giancarlo Perlas June 21, 2018

Daimler, through its partners and subsidiary, Mercedes-Benz Energy, is revitalizing an old coal power plant in Germany by turning it into a big energy storage facility. The company unveiled the new project on June 21, 2018, at the Elverlingsen power station, which makes use of more than a thousand modules from the battery packs of its Mercedes electric vehicles. In 2016, Mercedes started selling its very own battery solutions to households. The rechargeable home battery aimed to offer better capacity than the ones sold by Tesla for home use. This venture of Mercedes started in Germany, but it never really took off to the U.S. According to Electrek, the home… Continue Reading »

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Mercedes-Benz Now Selling Home Batteries the Size of a Suitcase

Giancarlo Perlas May 11, 2016

Mercedes-Benz is not only competing against Tesla when it comes to electric and hybrid cars. The three-pointed star brand is also going head-to-head with the American company in offering battery solutions to households. According to TechInsider, Mercedes is already selling its own rechargeable at-home battery. However, it is only available in Germany as of the moment, and its pricing hasn’t been revealed. There is no word yet about the availability of the battery in the U.S. and other countries, but the company ensured the source that they aim to expand the program abroad. The product is made by Mercedes’ subsidiary, Deutsche ACCUMOTIVE. It is being distributed and installed by German utility and… Continue Reading »

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