AKASOL AG will supply GILLIG, a leading manufacturer of heavy-duty transit buses in North America, with the third generation of its battery systems, the AKASystem 9 AKM 150 CYC. The framework agreement has a total order value in the low triple-digit-million-euro range. GILLIG offers up to 686 kWh of available energy in its transit bus – the largest capacity in a North American transit bus and an increase by 32 percent compared to the second-generation battery system.

The new AKASystem 9 AKM 150 CYC by Akasol AG has the highest energy density available on the market. This makes the suitable for fully electric long-distance applications such as coaches or trucks with a nominal energy of just under 100 kWh.

AKASOL AG held a ceremony with more than 160 guests in attendance to open its Gigafactory 1, Europe’s largest factory for commercial-vehicle battery systems. The state-of-the-art factory 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. In addition to Tarek Al-Wazir, Hessian Minister of Economics, Energy, Transport and Housing, numerous representatives from politics and business were in attendance at the opening ceremony. Peter Altmaier, Federal Minister for Economic Affairs and Energy, congratulated AKASOL in a personal video message.

AKASOL AG has signed a strategically important framework agreement with a major bus and commercial vehicle manufacturer from Belgium with a total volume in the mid-double-digit million euro range. The Company will supply the second and third generation of its high-energy battery systems for the customer’s new all-electric city bus starting in 2021 until 2026 and thus expand its customer portfolio.

AKASOL PARTNERS WITH FRAUNHOFER RESEARCH INSTITUTION is partnering with the Fraunhofer Research Institution for Materials Recycling and Resource Strategies IWKS on a new funding project: As part of their joint project, “Bætter Recycle – Battery recycling and disassembly for eMobility and optimization through recycling-friendly design,” the two partners are working to develop automated recycling processes for the eMobility industry.

AKASOL AG as well as BorgWarner Inc., and Blitz F21-842 AG (in future: ABBA BidCo AG), a subsidiary of BorgWarner Inc., a globally leading automotive supplier, have signed a Business Combination Agreement to enter into a strategic partnership.

AKASOL AG has signed a strategically important framework agreement with Turkey’s largest commercial vehicle manufacturer.

The certification attests that the Darmstadt-based company has a comprehensive and extremely efficient quality management system that covers all areas of the value chain, guaranteeing the highest standards as well as innovation and premium quality across the entire supply chain.

AKASOL is once again expanding its production capacity at the US location in Hazel Park: From 400 MWh to around 2 GWh.