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Freudenberg secures majority interest in Li-ion battery maker XALT Energy; full acquisition coming

Green Car Congress

Now, increasing demands for lithium-ion battery technology that specifically targets commercial vehicles as well as marine and rail applications has prompted Freudenberg to acquire a more than 50% share of the battery manufacturer. XALT Energy is also working with automotive OEMs, including Fiat Chrysler Automobiles, Ford Motor Co.

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Kentucky-Argonne Partnership to Help Build US Advanced Battery Industry

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In the long-term, the center would help in the development of technologies that would enable a significant increase in energy densities, including lithium-air and zinc-air systems for vehicle applications and advanced batteries for cost efficient and long-life grid power storage applications.

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