Daimler to invest in Chinese EV battery maker Farasis' $480 million IPO: sources

) plans to invest in Farasis Energy’s planned $480 million IPO, aiming to ensure a stable supply of batteries from the Chinese firm as it ramps up electric vehicle production, three people familiar with the matter said.

The plan has yet to be finalised and is subject to change, the people said, speaking on condition of anonymity as the discussions were private. The size of the potential investment was not immediately clear, they added.

Remember TiananmenMassacre CCP CCPVirus BoycottChina BoycottCCP Choose your level of participation, don't buy MadeInChina, MadeByCCP products: CCPBoycottJune4 CCPBoycottJune CCPBoycott2020 WarRoomPandemic

might very well provide less than full cooperation to stem the pandemic of the century in the crass pursuit of its own interests. This may constitute biological warfare. But even if it doesn’t Xi should be brought to account for his other crimes against humanity.

Germany should pay for their NATO bill instead of asking US to protect them and still invest in China the true enemy

You can always count on the gutless and spineless Germany to do the wrong thing

Can’t stop funding CCP？

Pumping China over and over again...

I thought the car companies in Europe were all basically screwed and looking for bail outs? So bail out to buy Chinese stocks?

Petition in China is A lie！We have legal petiton to ZHUYOUGUAN country LONGKOU Yantai Shandong province government for ten years. What we got are just lies and cunning, the evil government shall fall !!!

And I wonder if there any environmental protection or regulations for those batteries plant, people need to know it is also not very environmentally friendly if they keep dumping batteries waste and not handle them correctly NPC ChinaMustPay environmentaljustice

And Indian Modi Govt waiting with telescope I hand to welcome, Multinational leaving China their manufacturing base.

China CCp hide WuhanVirus infection and give the world economy &people a huge damage!BoycottChineseProducts,Don’t buy any product from China/China company Owned MakeChinaPay for what they done AnywherebutChina

great 👍👍 we have to break free from burning the fossil fuel that poison our beautiful blue skies 😢😢😢

That’s a great way to support the United States. I will never buy one of your vehicles.

Not surprised, more capital and investment are coming.

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