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

Green Car Congress

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.) and General Motors Corp. (GM),

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

Cars That Think

By the beginning of the 21st century, South Korea had become a dominant power in the global semiconductor market, meeting more than 60 percent of international demand for memory chips alone. Before they embarked on their own projects, he put them to work cleaning the lab, repairing and upgrading equipment, and tracking down necessary parts.