https://www.reuters.com/article/us-daimler-batteries/daimler-to-buy-20-billion-euros-worth-of-electric-car-battery-cells-idUSKBN1OA0OG

German luxury car maker Daimler , parent company of Mercedes-Benz, on Tuesday said it would buy battery cells worth more than 20 billion euros ($22.75 billion) by 2030 as it readies mass production of hybrid and electric vehicles.