STUTTGART -- Daimler has awarded a contract for supplying electric car battery cells to China's Contemporary Amperex Technology (CATL).
Daimler procurement executive Sabine Angermann announced the contract at a press conference here to discuss sourcing of raw materials for electric car batteries but declined to disclose further details about the volume of the supply contract and whether it goes beyond supplying battery cells for Mercedes-Benz cars built outside of China.
CATL already sells the most batteries to electric-vehicle makers in China, the biggest EV market. It wants to get under the hoods of more European marques and secure customers in the U.S.
Daimler reiterated it had joined the Responsible Cobalt Initiative, a program established under a Chinese industry body to tackle risks in the cobalt supply chain arising from artisanal mining.
Bloomberg contributed to this report