The global most powerful information hub of high performance & advanced materials, innovative technologies

to market your brand and access to the global demand and supply markets

China Lithium Battery Manufacturer Yiwei Lithium Energy: Signs “Supply Contract” with Daimler AG to Provide parts and components for Lithium Ion Batteries

Yiwei Lithium Energy announced on the evening of August 2 that the company signed a "Supply Contract" with Daimler AG ("Daimler"). From the date when the contract was signed to take effect until December 31, 2027, Yiwei provides the supply of spare parts.

Daimler AG was founded in 1998 and is headquartered in Stuttgart, Germany. It is the world's largest commercial vehicle manufacturer, the world's second largest luxury vehicle manufacturer, and the second largest truck manufacturer. The company's four business units include Mercedes-Benz Motors, Mercedes-Benz Light Commercial Vehicles, Daimler Trucks and Daimler Financial Services.

Public information shows that in the global automotive electrification transformation trend, automotive giant Daimler is also actively deploying. By 2022, all Mercedes-Benz models will have electric versions. By then, there will be more than 50 electric models on the market, of which 10 are pure electric vehicles, of which smart will become a brand focused on electric vehicles.

Yiwei Lithium Energy recently released its semi-annual report. The company`s lithium battery segment has grown rapidly, achieving operating income of 1.269 billion yuan in the first half of 2018, an increase of 219.60% compared with the same period of the previous year, becoming the largest business segment. During the reporting period, the company completed the construction of the first-stage power storage battery capacity, and formed the production capacity of four technical solutions including square lithium iron phosphate, ternary cylinder, ternary soft pack and ternary square. In the new energy vehicle commercial vehicle market, the company provides products and services to customers such as Nanjing Jinlong, Zhengzhou Yutong, and Geely Automobile, and its market position has steadily improved and entered the forefront of the industry.

Please check the message before sending