Daimler has announced plans to invest approximately €100 ($124.7) million in their Deutsche ACCUmotive subsidiary to increase the supply of lithium-ion batteries for eco-friendly models.

Daimler has announced plans to invest approximately €100 ($124.7) million in their Deutsche ACCUmotive subsidiary to increase the supply of lithium-ion batteries for eco-friendly models.

The subsidiary currently supplies batteries for the Smart ForTwo Electric Drive and hybrid variants of the Mercedes C-, E- and S-Class but hinted we can expect additional models in the future. Daimler was coy on details but confirmed the new ForTwo and ForFour Electric Drive will be launched in 2016. The company also hinted at future Mercedes hybrids but declined to elaborate.

Regardless, Daimler says "systematic hybridization is a fixed element" of their powertrain strategy and the company has sold hybrid-driven vehicles than all other German manufacturers combined in 2014.

 

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Mercedes confirms additional hybrid variants, Smart ForTwo & ForFour Electric Drive for 2016