BorgWarner completes the acquisition of AKASOL
February 16, 2022
BorgWarner has completed its acquisition of AKASOL AG – an acquisition which is expected to significantly strengthen the company’s commercial vehicle and industrial electrification capabilities.
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Akasol opens European factory for commercial-vehicle battery systems
August 17, 2021
Akasol AG has opened its Gigafactory 1; a factory to produce commercial-vehicle battery systems. The facility has a production capacity of up to 1 GWh in the first phase of its expansion and will gradually expand to 2.5 GWh by late 2022.
BorgWarner acquires 89% of Akasol
June 07, 2021
Shareholders of AKASOL AG have accepted the voluntary public takeover offer by ABBA BidCo AG, a subsidiary of BorgWarner Inc., after the extended acceptance period expired with an acceptance rate of 89.08% of the Akasol shares outstanding.
Akasol and BorgWarner signs agreement to merge
February 15, 2021
The German manufacturer of battery systems, along side BorgWarner Inc and Blitz F21-842 AG (in the future ABBA BidCo AG, a BorgWarner subsidiary), have signed a Business Combination Agreement to enter into a strategic partnership.
Manz receives order from US EV manufacturer
January 12, 2021
Manz has received an order in the Energy Storage segment from a US manufacturer of electric vehicles for an assembly line for battery modules in the lower double-digit million-euro range.
Manz receives another production line order from Akasol
August 26, 2020
Manz AG has received the second tranche of an order from the German company AKASOL AG for assembly lines to produce lithium-ion battery modules.
Akasol places another production equipment order
April 22, 2020
Akasol has commissioned Woll Maschinenbau GmbH to develop and supply of highly automated production equipment for the Gigafactory 1 at its new site in Darmstadt.
Serial production & prototype construction continues at Akasol
March 25, 2020
Akasol says it will maintain its serial production as well as prototype and sample construction for the time being, despite the current crisis related to COVID-19; but with stricter precautions related to health and safety.
Akasol’s expansion in Langen - second line up ahead of schedule
March 18, 2020
Akasol has commissioned its second serial production line for lithium-ion battery systems at its Langen, Germany, production site – six months ahead of schedule.
Manz to deliver assembly lines to Akasol for battery production
February 11, 2020
Manz AG has received an order from the German Akasol AG for assembly lines to produce lithium-ion battery modules. The placing of the order with a total volume of up to EUR 20 million euros has been split into several tranches.
AKASOL expands its relationship with Samsung SDI
September 24, 2019
AKASOL says that it has significantly expanded its relationship with battery manufacturer Samsung SDI by nominating the Korean company as supplier of lithium-ion battery cells and modules for two large serial orders for global commercial vehicle manufacturers.
AKASOL receives major manufacturing contract
September 12, 2019
AKASOL says that the company has received a large follow-up order from and unnamed commercial vehicle manufacturers with a total volume in the high three-digit million-euro range.
Akasol lands on Detroit for new facility
June 27, 2019
The dedicated North American operations in the metro Detroit area will allow the company to pursue ambitious growth plans for the region, with production expected to begin in 2020.
Akasol builds new headquarters in Darmstadt
March 29, 2019
The German battery systems developer and manufacturer continues to grow and is building a new headquarters in southwest Darmstadt in Germany.
Akasol lithium-ion battery systems Mercedes-Benz’ eCitaro
July 16, 2018
In autumn 2018, serial production of Akasol's battery system for Daimler Buses will begin in Langen (Hesse, Germany). Meanwhile, Akasol is starting to develop second-generation lithium-ion battery systems in close cooperation with Daimler Buses.
Akasol opens European production facility
November 21, 2017
Akasol is opening a new semi-automated production facility for high-performance lithium-ion battery systems for commercial vehicles.
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