The maker of Mercedes cars is spending $23 billion on batteries

By Charles Riley, CNN Business

Updated 12:25 PM ET, Tue December 11, 2018

MORE 23 ON A DAY WITH 23 NUMEROLOGY--12/11=23

CARS=23 (S EXCEPTION) & 41 ON A DAY WITH 41 NUMEROLOGY..12+11+18=41

Mercedes-Benz=61 ON A DAY WITH 61 NUMEROLOGY

12/11/2018=61

BATTERIES=36,45,144 MERCEDES=36,45,144

London (CNN Business)The maker of Mercedes-Benz cars is spending billions on batteries as it accelerates the electrification of its product range.

Daimler said in statement on Tuesday it was spending €20 billion ($23 billion) on battery cells, and investing another €1 billion ($1.1 billion) in eight battery factories in Germany, China, Thailand and the United States.

The German carmaker wants to offer an electric or hybrid version of all its models by 2022, and it says the battery cell purchases will ensure a steady supply of essential components until 2030.

HA HA ANOTHER 23!