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

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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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BP invests $5M in mobile electric vehicle charging company FreeWire; intro at some retail sites this year

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a US-based manufacturer of mobile electric vehicle (EV) rapid charging systems, and plans to roll out FreeWire’s Mobi Charger units for use at selected BP retail sites in the UK and Europe during 2018. BP’s venturing business has invested $5 million in FreeWire Technologies Inc. , Freewire products currently offer Level 2 charging at 7.5