Mercedes-Benz Teams Up With Farasis Energy for Carbon-Neutrally Produced Battery Cells
September 10 2019 - 6:36AM
Dow Jones News
By Kim Richters
Daimler AG's (DAI.XE) Mercedes-Benz passenger-car division said
Tuesday that it will source carbon-neutrally produced battery cells
from China's Farasis Energy.
The car maker said that by using these battery cells it will
"save well over 30% of the carbon footprint of future vehicle
models' entire battery."
Daimler aims to make carbon neutrality a criterion for suppliers
and producers and include it in contracts, a Mercedes-Benz
spokeswoman said. If companies aren't able to comply for the time
being, Daimler will expect a roadmap for reaching carbon neutrality
in the future, the spokeswoman said.
Farasis Energy uses electricity from renewable energy sources to
produce the battery cells, Mercedes-Benz said.
Mercedes-Benz said the agreement between the two companies also
covers the development of concepts for the recycling of lithium-ion
batteries and components.
Additionally, the company said it has asked Farasis Energy to
disclose its entire supply chain for the battery cells to ensure
the compliance and protection of human rights and the responsible
sourcing of cobalt.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
September 10, 2019 06:21 ET (10:21 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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