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Daimler declines to invest in battery cell production

AutoNews.com
Daimler CEO Dieter Zetsche has ruled out investing in battery cell production for electric cars with other German premium brands for at least another few years citing a massive overcapacity in the market that has turned cells into a commodity.
Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/4zdd_GDACuw/daimler-declines-to-invest-in-battery-cell-production
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