Mercedes halves EV production target due to battery shortage – Manager Magazin

Daimler has been forced to reduce production targets for its Mercedes-Benz EQC electric car from about 60,000 to 30,000 this year, due to a supply shortage of battery cells from LG Chem, Manager Magazin said on Thursday. Daimler wanted to sell around 25,000 EQC vehicles in 2019, but only managed to build around 7,000 Manager Magazin said. Daimler was not immediately available for comment. …read more

Source:: Yahoo Finance

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