Founded in 2009, Deutsche ACCUMOTIVE GmbH & Co. KG is a wholly-owned subsidiary of Daimler AG and serves as the competence center for the development and global production of lithium-ion batteries. The research and development facility is located in Nabern in the greater Stuttgart area. The batteries are produced in Kamenz near Dresden. The company produces highly sophisticated drive batteries for hybrid and electric vehicles. In October 2016, construction of a second battery factory began in Kamenz. In the future, the Kamenz plant will manufacture batteries for electric vehicles from Mercedes- Benz and smart – ranging from plug-in hybrids to all-electric models and 48-volt battery systems for on-board networks. The company is also responsible for producing batteries for the stationary Mercedes- Benz energy storage units. ACCUMOTIVE cooperates very closely with its sister company, Mercedes- Benz Energy GmbH, which is responsible for the development and global distribution of stationary and industrial energy storage units from its location in Kamenz.