Freudenberg secures majority interest in Li-ion battery maker XALT Energy; full acquisition coming
Green Car Congress
FEBRUARY 4, 2019
This acquisition is a crucial part of our future business strategy to transform as a supplier into a market leader of new mobility technologies and services. We are pleased that this investment provides a much needed capital boost to XALT Energy and also puts Freudenberg in the driver’s seat. We are delighted with this strategic venture.
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