Daimler to buy EV battery cells from Chinese upstart CATL

By:

Edward Taylor

May 02, 2018 05:00 AM

STUTTGART -- Daimler has awarded a contract for supplying electric car battery cells to China's Contemporary Amperex Technology (CATL).

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Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

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Suppliers have become more pessimistic about their financial outlooks and how globally competitive they are since tariffs have gone into place, MEMA data shows.

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John Irwin

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