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Mercedes EV output target slashed by battery shortage: Manager Magazin

January 23, 2020

Via: Reuters

FRANKFURT (Reuters) – Daimler has been forced to reduce its 2020 production targets for the Mercedes-Benz EQC electric car to 30,000 from about 60,000 due to a supply shortage of battery cells from LG Chem, Manager Magazin reported on Thursday.

Daimler wanted to sell around 25,000 EQC vehicles in 2019, but only managed to build around 7,000 for the same reason, Manager Magazin said.

Daimler declined to comment on the article.

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