Manz AG has received its first order within the cooperation agreement concluded with Daimler Truck AG at the end of May 2022. The order comprises the first systems for the "InnoLab Battery" in Mannheim, which is currently being set up in the context of Daimler Truck's electrification strategy. In the final expansion stage, the "InnoLab Battery" will comprise more than 60 systems on approximately 10,000 square meters.

The order now placed with Manz AG, with a total value in the low double-digit million-euro range, will affect revenues and earnings in roughly equal parts in 2022 and the next fiscal year 2023. With the strategic cooperation and the investment in Manz AG, Daimler Truck is laying the foundation for the design of CO2-neutral transportation and the transformation from conventional to alternative drive technologies. The InnoLab's research findings will serve as the basis for the successful development of the company's own innovative lithium-ion battery cells as well as their production and assembly into complete battery systems, and will be incorporated into the development of Daimler Truck's battery-electric product platform by the end of 2024.