Europe Plans Own Battery Gigafactories, Challenging Tesla

What is the main reason for Daimler's investment in a new plant in Europe?

• To expand their market in the US

• To capitalize on the falling cost of energy storage

• To produce traditional fuel vehicles

• To focus on luxury car production

How much are battery costs expected to fall in the next four years according to Bloomberg New Energy Finance?

• 30%

• 20%

• 43%

• 50%

Which automaker is planning to release electric vehicles through its outer division?

• Daimler

• BMW

• Volkswagen

• Porsche

What is the target number of electric vehicles on the road in Germany by 2030?

• 12 million

• 9 million

• 6 million

• 3 million

Which region currently dominates battery making, according to the transcript?

• China

• Europe

• Australia

• North America