
Daimler AG and Evonik Industries AG are restructuring their joint venture activities in the field of electric mobility. Daimler will acquire all of the shares held by Evonik in Li-Tec Battery GmbH (50.1%) and in Deutsche ACCUmotive GmbH & Co. KG (10%). This will make Daimler the sole owner of the two companies. The parties have agreed not to divulge the details of the agreement.


