Xalt battery Kiribati

Who is XALT Energy?

The company develops and produces lithium-ion battery cells and fully integrated battery packs for the commercial vehicle and maritime industries. XALT Energy employs around 550 people in Midland and Auburn Hills, Michigan.

Did Freudenberg buy XALT Energy?

The parties have agreed not to disclose the purchase price. Freudenberg had already acquired a majority stake in the US battery manufacturer XALT Energy, LLC, Midland, Michigan, USA, in 2019. The company develops and produces lithium-ion battery cells and fully integrated battery packs for the commercial vehicle and maritime industries.

Does GM use xalt batteries?

In September 2018, the Consortium announced it would partner with XALT to develop a 12-volt, Lithium Manganese Oxide-Lithium Titanate Stop-Start battery system. Recently, GM also announced it was using XALT battery systems in an experimental electric drag racer, the eCOPO Chevrolet Camaro concept vehicle

What happened to XALT Energy?

The company also operates a research and development laboratory in Pontiac, Mich. Under Freudenberg's oversight, the XALT Energy name will remain and become an affiliated brand of the global group headquartered in Germany. Freudenberg has also appointed Jeff Michalski to take over leadership of XALT Energy from retiring CEO Richard Cundiff III.

What does xalt's new Gigafactory deal mean for commercial vehicles?

The XALT gigafactory in Midland will assemble the battery cell modules for electric commercial vehicles as part of that contract. This deal will create new jobs at the XALT factory in Midland, as well as other XALT sites in the U.S, to “meet the increasing demand from our customers,” Freudenberg said.