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Akasol opens Gigafactory – battery production made in Germany

Lithium-ion battery for an electric car. (Photo: shutterstock)

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The battery manufacturer Akasol officially opened its modern production facility in Darmstadt on Monday. In the first expansion stage, the highly automated Gigafactory 1 has a production capacity of up to one gigawatt hour, which will be expanded to 2.5 gigawatt hours by the end of 2022, the listed company announced. This sum describes the storage capacity of the batteries produced per year.

The battery modules manufactured here and systems are “an important key in the transport and energy transition,” said company boss Sven Schulz. The Gigafactory already started series production last October.

Akasol is investing more than 100 million euros in the location. Depending on requirements, the production capacity can be expanded to up to five gigawatt hours. This means that the factory is “by far” the largest production site for lithium-ion battery systems for commercial vehicle applications in Europe. Akasol claims to have around 350 employees in Darmstadt.

Akasol has potential

The Hessian Minister of Economic Affairs Tarek Al-Wazir (Greens) said, according to the announcement, there The example of Akasol shows, among other things, the potential of sustainable technologies to create future-proof jobs and generate economic dynamism.

Akasol provides battery systems for buses, trains, trucks, industrial vehicles or ships and wants to benefit from the increasing electrification of heavy vehicles. The US auto supplier Borgwarner took over Akasol in June and now holds almost 93 percent of the shares. With a so-called squeeze-out procedure, the remaining shareholders are now to be pushed out of the company. dpa

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Derrick Santistevan
Derrick Santistevan
Derrick is the Researcher at World Weekly News. He tries to find the latest things going around in our world and share it with our readers.

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