Significant order for AKASOL

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German lithium-ion battery manufacturer AKASOL has announced a large order from an unnamed commercial vehicle manufacturer. From 2021 until 2027, the firm will supply its third-generation of high energy battery systems for electric vehicles, expanding on a contact signed in 2019 to supply its second-generation product from 2020. This provides approximately 30% more energy and can be fast charged, whilst the third-generation range will focus on improving range.

Carsten Bovenschen, CFO of AKASOL AG, said: “We are pleased to extend our successful long-term cooperation with the major customer from the commercial vehicle industry, and see ourselves as an important supplier of high-quality, reliable lithium-ion battery systems.”