German battery pack manufacturer Akasol announced a dynamic growth of demand in the U.S., where the company is setting up its first North American production site in Hazel Park, Michigan. The ...

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' It's only natural to consider a company's balance sheet ...

BorgWarner Inc. (NYSE: BWA) will pay $880 million to acquire commercial vehicle battery maker AKASOL. The European manufacturer has $2.4 billion in business booked with major truck makers including ...

German company Akasol, which makes lithium-ion batteries for a wide range of vehicles, announced its plans to open a new manufacturing facility in the metro Detroit area. Akasol said it’s opening a ...

German battery specialist Akasol recently expanded its partnership with Samsung SDI, placing a new order for a total of 13 GWh of lithium-ion cells and modules by 2027. Those batteries will be used in ...

Akasol AG (ETR:ASL) shareholders should be happy to see the share price up 18% in the last month. But that doesn't change the reality of under-performance over the last twelve months. In fact, the ...

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. So it might ...

Akasol continues to build on its modular approach and offers commercial vehicle manufacturers and other users high flexibility: the company presents three exemplary lithium-ion battery systems at ...

Akasol AG, based in Darmstadt, Germany, was founded in 1990 and has since emerged as a leading European manufacturer of high-performance, lithium-ion battery systems for commercial vehicles, rail ...

AUBURN HILLS, Mich. and DARMSTADT, Germany, Feb. 15, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) and AKASOL AG (ETR: ASL) today announced that they have signed a Business Combination Agreement ...

Sales growth of 45.1% to EUR 13.6 million in the first nine months of 2018 (9M 2017: EUR 9.4 million) Order backlog through 2024 at steady high level of EUR 1.47 billion Adjusted EBIT of EUR 1.2 ...

(RTTNews) - BorgWarner Inc. (BWA) Monday announced an agreement to acquire the German developer and manufacturer of high-energy and high-performance lithium-ion battery systems Akasol AG. The provider ...