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

Green Car Congress

In March 2018, Freudenberg announced it had acquired a 31% ownership stake in XALT Energy through a multi-million dollar investment in its operations. In 2018, Freudenberg agreed to work with a leading provider of electrical power distribution and automation for the marine industry to explore battery solutions for its applications.

Li-ion 207
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The Godfather of South Korea’s Chip Industry

Cars That Think

But it was Kim and his colleagues at Fairchild who realized the first CCD devices that evolved into commercial products widely used in digital photography, radiography, and astronomy. Before they embarked on their own projects, he put them to work cleaning the lab, repairing and upgrading equipment, and tracking down necessary parts.