Mercedes-Benz is about to become an equal shareholder in Automotive Cells Company (ACC) together with Stellantis and TotalEnergies. ACC, which was founded in 2020, has the primary goal to become the European market leader for battery cells and modules. The R&D center in Bordeaux (France) is operational and the pilot site in Nersac (France) will start production at the end of this year.
As announced in July 2021, Mercedes-Benz will be ready to go fully electric by the end of the decade – wherever market conditions allow. During the ‘Shaping the Now and Next’ event held last week, Mercedes-Benz Trucks outlined its own strategy to favor energy transition in long-haul transportation, distribution and waste collection.
To have Mercedes-Benz join us as a new shareholder is a major milestone for ACC. Mercedes-Benz will bring a vote of confidence in our technology roadmap and product competitiveness that significantly strengthens ACC’s business potential and underpins our ambitious growth plans. This is our contribution to an electric and sustainable futureYann Vincent, CEO of ACC
Mercedes-Benz to take 33 percent equity stake in ACC
«Mercedes-Benz will take a strategic 33 percent equity stake in ACC. Following the investment, we will hold two out of six seats on ACC’s Supervisory Board alongside TotalEnergies and Stellantis as equal shareholders», said Markus Schäfer, Member of the Board of Management of Daimler AG and Mercedes-Benz AG; responsible for Daimler Group Research and Mercedes-Benz Cars COO. «Our goal is to continue to integrate the most advanced and sustainable battery cells in our EQ models. Therefore, we will provide our technological and production know-how to ACC. Mercedes-Benz will further complement high end cell development with its newly planned pilot plant ‘Drive Systems Campus’ in Stuttgart from 2023 onwards». ACC will supply Mercedes-Benz with high-performance battery technologies from its production locations from mid of the decade. The battery cell manufacturer is examining the expansion of its production network to include further locations in Europe.
«Mercedes-Benz pursues a very ambitious transformation plan and this investment marks a strategic milestone on our path to CO2 neutrality. Together with ACC, we will develop and efficiently produce battery cells and modules in Europe – tailor-made to the specific Mercedes-Benz requirements», added Ola Källenius, CEO of Daimler AG and Mercedes-Benz AG. «This new partnership allows us to secure supply, to take advantage of economies of scale, and to provide our customers with superior battery technology. On top of that we can help to ensure that Europe remains at the heart of the auto industry – even in an electric era: With Mercedes-Benz as a new partner, ACC aims to more than double capacity at its European sites to support Europe’s industrial competitiveness in the design and manufacturing of battery cells».
Electricity from renewable sources
With Ambition 2039, Mercedes-Benz is pursuing the goal of CO2 neutrality along the entire value chain. The CO2 neutral production of battery cells is an important component, and a specific requirement for all partners. ACC will therefore primarily use electricity from renewable energies for the production of high-performance battery technologies. Other important sustainability aspects are the responsible sourcing of raw materials and the intelligent use of resources. For the battery cells, only battery raw materials which were extracted from certified mines will be used. In addition, the partners are reducing critical materials with the use of new technologies.