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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

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. His i3system develops sophisticated infrared image sensors for both defense and commercial markets. Smith and Willard Boyle at Bell Laboratories.