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Daimler Announces Exit from US Energy Storage Market

German multinational Daimler has announced that it is restructuring of its energy storage business and will stop selling energy storage systems under the brand Mercedes-Benz Energy in the US by the end of this April. Daimler established Mercedes-Benz Energy Americas in 2016 as a supporting business unit that turns second-life electric vehicle (EV) batteries into […]

Strategic Partnership: Powin and Hitachi Energy to expand energy storage market presence – EQ