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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. Under Freudenberg’s oversight, the XALT Energy name will remain and become an affiliated brand of the global group headquartered in Germany. Earlier post.) and General Motors Corp. (GM),

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