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

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based global developer and manufacturer of lithium-ion technology solutions targeted for heavy-duty mobility applications. In March 2018, Freudenberg announced it had acquired a 31% ownership stake in XALT Energy through a multi-million dollar investment in its operations. Earlier post.) We are delighted with this strategic venture.

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Rolls-Royce takes majority holding in power storage specialist Qinous; storage for microgrid activities

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majority stake in Berlin-based electricity storage specialist Qinous GmbH. The Group acquired the shareholdings of all other current financial investors, including that of investment holdings company IBB Beteiligungsgesellschaft mbH (Berlin). stake in the former start-up back in October 2018. Rolls-Royce now holds a 73.1%