Strategic partnership for industrialization

Jointly with the strategic partners Evonik and Daimler Li-Tec drives the mass production of safe and environmentally friendly electric vehicles. In 2011, several million battery cells will be mass produced in Kamenz. The batteries are the key component for all electric drives. In the strategic alliance Evonik’s chemistry know how meets Daimler’s automotive competence.

Evonik Industries is the creative industrial group from Germany which operates in three business areas: Chemicals, Energy and Real Estate. Evonik is a global leader in specialty chemicals, an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our strengths are creativity, specialization, continuous self-renewal, and reliability. Evonik is active in over 100 countries around the world. In its fiscal year 2008 about 41,000 employees generated sales of about €15.9 billion and an operating profit EBITDA of about €2.2 billion.

Further information about Evonik is available at www.evonik.com

Daimler AG, Stuttgart, with its businesses Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services, Mercedes-Benz Vans, and Daimler Buses, is a globally leading producer of premium passenger cars and the world's largest manufacturer of commercial vehicles. Daimler Financial Services provides a broad range of offers relating to financing, leasing, insurance, and fleet management. Daimler distributes its products in almost every country of the world and has production facilities on five continents. The company's founders Gottlieb Daimler and Carl Benz opened up a new chapter of history in 1886 as the inventors of the automobile. Daimler is the automotive pioneer. The company sees it as its pride and obligation to live up to its responsibility to the environment and to society and to shape the future of safe and sustainable mobility – with groundbreaking technologies and high-quality products. The current brand portfolio comprises Mercedes-Benz, the world's most valuable automotive brand, as well as smart, Maybach, Freightliner, Sterling, Western Star, Mitsubishi Fuso, Setra, Orion, and Thomas Built Buses. Daimler is listed on the stock exchanges in Frankfurt, New York, and Stuttgart (stock symbol DAI). With more than 270,000 employees, the Group sold a total of 2.1 million vehicles in 2008. Sales amounted to €95.9 billion, and the EBIT reached a level of €2.7 billion. Daimler strives for sustainable growth and profitability at industry-leading levels as a high-performance organization committed to excellence.

Further information about Daimler is available at www.daimler.com