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From left to right, Markus Schaefer, head of production at Daimler AG, Dieter Zetsche, chief executive officer of Daimler AG, Angela Merkel, Germany's chancellor, Stanislaw Tillich, prime minister of the state of Saxony, Frank Diess, head of powertrain production at Daimler AG, and Frank Blome, head of Daimler AG subsidiary Deutsche Accumotive GmbH, place their hands on a battery unit during an inauguration ceremony for a new Deutsche Accumotive electric automobile battery factory, operated by Daimler AG, in Kamenz, Germany, on Monday, May 22, 2017. Battery-making gigafactories are about to arrive in Europe, challenging a lead Tesla Inc. is building at a plant in Nevada and opening the way for a quicker shift toward green power for both cars and utilities. Photographer: Krisztian Bocsi/Bloomberg via Getty Images