Akasol starts up battery production at new plant in Darmstadt
Battery system manufacturer Akasol has officially commissioned its ‘Gigafactory 1’ at its headquarters in Darmstadt, Germany. The production lines currently offer a production capacity of one gigawatt-hour. However, expansion to adjacent areas is already planned with up to 5 GWh per year. Enough for 10,000 electric buses and trucks.
Akasol reports major order from Belgium
The battery system manufacturer Akasol has signed a framework agreement with a major bus and commercial vehicle manufacturer from Belgium with a total volume in the mid-double-digit million euro range.
BorgWarner to take over Akasol
The US automotive supplier BorgWarner wants to take over the German battery systems manufacturer Akasol. The American company’s offer is likely to be successful since BorgWarner has apparently already secured the majority of shares.
Akasol signs battery supply deal with Turkish OEM
Akasol has been contracted by an unnamed commercial vehicle manufacturer from Turkey to supply its battery systems from 2021 to 2025. The customer plans to install Akasol’s second- and third-generation battery systems in an existing and in a new type of bus, it says.
Akasol moves into Darmstadt headquarters
German battery systems manufacturer Akasol has just moved into its new headquarters in the southwest of Darmstadt. The move marks the start of series production of the first battery systems on the production lines installed at the Akasol Campus plant.
Akasol increases sales despite pandemic
Despite the economic impact of the pandemic, German battery systems manufacturer Akasol recorded a 27.5 per cent increase in sales in the second quarter compared to the first three months of this year. Total sales in the first half of the year amounted to 18.2 million euros.
Akasol registers losses last quarter due to pandemic
The battery system manufacturer Akasol has presented its business figures for the first quarter of 2020. Revenue and EBIT were both below the figures for the same quarter of the previous year – mainly due to corona-related production interruptions from the company’s own customers.
Akasol more than doubles turnover in 2019
The battery system manufacturer Akasol increased its turnover by 120 per cent last year. Despite Covid-19, the board of directors is very confident about the future at the digital press conference on financial statements.
Akasol orders battery production systems from Woll
The battery systems manufacturer Akasol commissioned Woll Maschinenbau from Germany to develop and supply highly automated production systems. From mid 2021, the new battery systems of the type AKASystem AKM CYC will be manufactured in Darmstadt.
Akasol forges ahead with battery production
Despite the current corona crisis, the battery system manufacturer Akasol wants to maintain its series production as well as prototype and sample construction for the time being – under tightened hygiene and health protection precautions for the employees.
Akasol opens second production line early
The battery system manufacturer Akasol has put its second series production line for lithium-ion batteries into operation at its production site in Langen, Hessen – six months earlier than originally planned.
Akasol ups Manz battery production equipment
The German battery systems manufacturer Akasol has commissioned the mechanical engineering company Manz to supply production equipment for its new location in Darmstadt, Germany. The order also includes several options – including for its US location – and could amount to a double-digit million euro figure.
Akasol remains in the red
The German battery system supplier Akasol was able to significantly increase its sales in the first nine months of the current year. The bottom line, however, is still a loss of millions.
Akasol agrees with Samsung SDI on supply till 2027
German battery system manufacturer Akasol has significantly expanded its cooperation with Samsung SDI. Akasol has nominated the Korean company as a supplier for lithium-ion battery cells and modules for two large series orders with commercial vehicle manufacturers.
Akasol marks minor profits for first half of 2019
The German battery system supplier Akasol was able to significantly increase its sales in the first half of the year and has already almost reached the total sales for the 2018 financial year. After a loss of millions in 2018, the company is now in the black – albeit only marginally.
Akasol opens battery production plant in Detroit
Commercial vehicle battery system supplier Akasol has just announced the opening of a production facility in the greater Detroit area in the US state of Michigan. Production is scheduled to start in 2020, and by 2021, the production of 400 MWh will apparently be possible by means of a three-shift operation.
Germany: Akasol to hit 800 MWh by early 2020
The German battery system supplier Akasol plans to increase its production capacity at its site in Langen, Germany before schedule. The latest quarterly report states that Akasol will have a production capacity of 800 MWh from the first quarter of 2020.
Akasol to deliver heavy duty batteries to Sweden
The German battery system manufacturer Akasol has announced the extension of their long-term framework agreement to supply an unnamed Swedish commercial vehicle manufacturer with high-performance battery systems for electric buses and trucks.
Battery specialist Akasol plans new U.S. factory
Plans that first circulated at this year’s IAA, have now been officially confirmed by battery system manufacturer Akasol. The German firm will be setting up battery production in the USA with production to begin at the end of 2019 with a capacity of 300 MWh.
Akasol to produce batteries for electric utility vehicles
German manufacturer Akasol has opened a battery plant with a potential production output of 600 MWh annually in Langen, close to its headquarters in Darmstadt. The company says it will be capable of manufacturing storage systems for up to 3,000 electric buses per year. All in all, Akasol invested 10m euros into the implementation of its semi-automatic production line.
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