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

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Exide and Leclanché launch Li-ion battery JV in India

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Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.

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CODA Automotive Battery Joint Venture Secures $394M of Committed Capital for Expansion

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The capital will enable the company to rapidly industrialize the all-electric CODA car’s power system for commercial volume production and support its ability to mass manufacture transportation and utility power storage battery systems. Earlier post. To date, CODA has raised in excess of $100 million in capital.

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OM Group to Acquire Advanced Battery Manufacturer EaglePicher Technologies for $171.9M

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Based in Joplin, MO, EaglePicher is a designer and manufacturer of batteries, battery management systems and energetic devices for the defense, aerospace and medical industries. million to develop a new generation of high energy, low cost planar liquid sodium beta batteries for grid scale electrical power storage applications.

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CODA Holdings raises $76M in Series D initial closing; support for CODA electric vehicle and Li-ion battery JV with Lishen

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CODA Holdings, a developer of Lithium-ion battery systems and all-electric vehicles, announced the initial closing of a Series D preferred investment round totaling $76 million, bringing the company's total invested capital to more than $200 million.

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Kentucky-Argonne Partnership to Help Build US Advanced Battery Industry

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The Commonwealth of Kentucky, the University of Kentucky (UK) and University of Louisville (U of L) are partnering with the US Department of Energy’s (DOE) Argonne National Laboratory to establish a national Battery Manufacturing R&D Center to help develop and deploy a domestic supply of advanced battery technologies for vehicle applications.

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Coda Automotive to Bring China-Built Electric Mid-size Sedan to California Market in 2010; New JV with Lishen for Automotive Li-ion Systems

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Ltd., ( Lishen ) for lithium-ion batteries used in the Coda, announced the establishment of a global joint venture with Lishen to design, manufacture and sell transportation and utility power storage battery systems. Manufacturing. Coda will own 40% of the JV, with Lishen holding 60%. The Coda sedan.

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