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

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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.) We are delighted with this strategic venture.

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Rolls-Royce takes majority holding in power storage specialist Qinous; storage for microgrid activities

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stake in the former start-up back in October 2018. The company is involved in battery storage systems and associated control systems, and has already implemented storage solutions around the world. Now, with MTU's experience and global presence, we can meet demand more quickly and more comprehensively.