Freudenberg secures majority interest in Li-ion battery maker XALT Energy; full acquisition coming

Green Car Congress
By mmillikinFeb 4, 2019, 9:20 am340 pts
Freudenberg Sealing Technologies has become majority stakeholder of XALT Energy, a Midland, Mich.-based global developer and manufacturer of lithium-ion technology solutions targeted for heavy-duty mobility applications. In March 2018, Freudenberg announced it had acquired a 31% ownership stake in XALT Energy…

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