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Freudenberg strengthens competency in lithium-ion technology

Electrans 09042019

Freudenberg has taken on additional shares in energy storage company XALT Energy The Freudenberg global technology group has further expanded its energy storage business. The Freudenberg Sealing Technologies Business Group has been the majority shareholder of XALT Energy since the start of 2019. The company develops and produces lithium-ion technologies …

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Greaves Cotton to acquire majority stake in electric vehicle company Ampere

An Ampere V48 scooter

Ampere Vehicles makes EVs for last mile mobility Greaves Cotton, one of India’s leading diversified engineering companies, has entered into definitive agreements to acquire a majority stake in EV company Ampere Vehicles, subject to customary closing conditions. This acquisition will accelerate the development of clean energy technology solutions for mobility …

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