Berkwood Resources Ltd.- Mercedes-Benz buying $23 Billion of Battery Cells.

Dec 13, 2018

Berkwood Resources Ltd, (TSX: BKR, FSE: BR2, WKN:A110N3) may benefit from Mercedes-Benz buying $23 billion of battery cells. Berkwood has made a large graphite discovery and graphite is used in the Anode of electric car batteries. Berkwood is part of the green energy trend.

Daimler is buying nearly $23 billion of battery cells to power its electric vehicle offensive

Daimler plans to buy $23 billion worth of battery cells by 2030 as the maker of Mercedes-Benz vehicles and commercial trucks prepares to bring dozens of electric and hybrid vehicles to market. The German automaker didn’t disclose which companies would supply them with batteries. Daimler’s $22.8 billion budget for lithium-ion batteries is just part of its multi-billion effort to launch 130 electric and hybrid vehicles by 2022 as well as commercial trucks, buses and vans.

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BERKWOOD RESOURCES LTD

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