Tag: currently-under
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Mercedes parent Daimler building additional battery plant for future electric cars
Tesla Motors’ [NSDQ:TSLA] much-hyped Gigafactory battery plant is currently under construction in Nevada, but it’s not the only plant of its kind from an automaker. Daimler, the parent company of Mercedes-Benz, has confirmed plans to build a new battery plant to supply lithium-ion batteries for future hybrid and electric cars. This will…