Cooperation expanded: AKASOL receives additional long-term follow-up order from a major European bus manufacturer Successful cooperation with AKASOL's longstanding existing customer extended for several more years Delivery of ultra-high-energy battery systems for electric buses agreed from 2022 until at least 2024, with an option to extend the  [ … ]

AKASOL AG: Unanimous recommendation of acceptance of the takeover offer by BorgWarner subsidiary ABBA BidCo AG AKASOL Management Board and Supervisory Board welcome and support the offer Cooperation with BorgWarner expected to accelerate AKASOL's course of growth Clear commitment to workforce, management and locations of AKASOL Fair offer pric [ … ]

Further expansion in the bus sector: AKASOL concludes long-term framework agreement in the mid-double-digit million euro range with the largest Turkish commercial vehicle manufacturer Largest Turkish manufacturer of buses and commercial vehicles places order to supply battery systems for new electric bus Agreement to deliver high-energy battery  [ … ]

AKASOL AG: Strong growth in Q3 2020 - Revenue at EUR 40.6 million for the nine-month period 2020 and despite Corona crisis almost 30 % above previous year Due to successful trend in Q3, revenue for the current financial year more than doubled to EUR 40.6 million (H1 2020: EUR 18.2 million) Growth of almost 30 % compared to previous year (Revenu [ … ]

AKARack 48-volt battery system: AKASOL launches serial production in new Gigafactory 1 in Darmstadt, Germany AKARack: New serial system in the AKASOL product portfolio Highly standardized solution for hybrid and fully electric industrial vehicles, with 48V on-board power supply system for commercial vehicles Serial production for a globally lea [ … ]

Following record construction time: AKASOL AG moves into new headquarters in Darmstadt as planned and launches serial production in the new Gigafactory 1  Just 15 months after groundbreaking, serial production begins in the new Gigafactory 1 20,000 square meters for further dynamic growth and up to 5 GWh of production capacity in the fully networ [ … ]

AKASOL AG: Revenue growth in Q2 in spite of COVID-19 - strong second half of the year expected At EUR 10.2 million, Q2 2020 revenue 27.5% higher than Q1 - despite the COVID-19 pandemic EBIT at EUR -4.5 million in Q2 (Q2 2019: EUR -0.1 million) due to the burdens of COVID-19 conditions Expansion of production capacities progressing as planned  [ … ]

AKASOL drives dynamic growth in the US and places follow-up order for delivery of fully automated production plant for the US site in Hazel Park Cooperation agreement extended with Manz, an experienced high-tech mechanical engineering company from Reutlingen, Germany Delivery of the first equipment for the production of high-energy battery modul [ … ]