Company type | Aktiengesellschaft |
---|---|
Founded | 2008 |
Headquarters | Darmstadt, Germany |
Key people | Sven Schulz (CEO), Carsten Bovenschen (CFO) |
Products | lithium-ion cells for vehicles and renewable energy systems |
Number of employees | 284 (as of 2019) |
Website | akasol.com |
Akasol AG is a German manufacturer of batteries for electric vehicles. Akasol was founded in 2008. Its headquarters and main manufacturing site are located in Darmstadt. A manufacturing site in Detroit was opened in 2019. In 2021, the company was acquired by the American automotive supplier BorgWarner. [1]
The Company emerged from a solar technology team founded in 1989 at the Darmstadt University of Technology's Department of Electrical Engineering and Information Technology. The student team developed a number of solar and battery driven cars, aiming at low energy consumption. [2]
In 2008, members of the team founded the Akasol Engineering GmbH, a for-profit company for developing Lithium-ion batteries and an electric car suitable for everyday use. The name was changed to Akasol GmbH in 2012. [3]
In June 2018 the company went public as Akasol AG. Starting from June 2021, BorgWarner took over a majority of Akasol. [1] [4]
In August 2021, a factory with 15,000 m², called "Gigafactory 1" went operational in Darmstadt. Production capacity is up to 1 GWh during the first stage, and by 2022 is planned to increase to 2.5 GWh. [5]
Panasonic Holdings Corporation is a Japanese multinational electronics company, headquartered in Kadoma, Osaka, Japan. It was founded in 1918 as Matsushita Electric Housewares Manufacturing Works in Fukushima, Osaka by Kōnosuke Matsushita. In 1935, it was incorporated and renamed Matsushita Electric Industrial Co., Ltd. In 2008, it changed its name to Panasonic Corporation. In 2022, it became a holding company and was renamed.
Robert Bosch GmbH, commonly known as Bosch, is a German multinational engineering and technology company headquartered in Gerlingen, Baden-Württemberg, Germany. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 94% owned by the Robert Bosch Stiftung, a charitable institution. Although the charity is funded by owning the vast majority of shares, it has no voting rights and is involved in health and social causes unrelated to Bosch's business.
ZF Friedrichshafen AG, also known as ZF Group, originally Zahnradfabrik Friedrichshafen, and commonly abbreviated to ZF, is a German technology manufacturing company that supplies systems for passenger cars, commercial vehicles and industrial technology. It is headquartered in Friedrichshafen, in the south-west German state of Baden-Württemberg. Specializing in engineering, it is primarily known for its design, research and development, and manufacturing activities in the automotive industry and is one of the largest automotive suppliers in the world. Its products include driveline and chassis technology for cars and commercial vehicles, along with specialized plant equipment such as construction equipment. It is also involved in the rail, marine, defense and aviation industries, as well as general industrial applications. ZF has 162 production locations in 31 countries with approximately 168,700 (2023) employees.
GS Yuasa Corporation is a Kyoto-based Japanese company specializing in the development and production of lead acid and lithium-ion batteries, used in automobiles, motorcycles and other areas including aerospace and defense applications.
BorgWarner Inc. is an American automotive and e-mobility supplier headquartered in Auburn Hills, Michigan. As of 2023, the company maintains production facilities and sites at 92 locations in 24 countries, and generates revenues of US$14.2 billion, while employing around 39,900 people. The company is one of the 25 largest automotive suppliers in the world.
SolarWorld is a German company dedicated to the manufacture and marketing of photovoltaic products worldwide by integrating all components of the solar value chain, from feedstock (polysilicon) to module production, from trade with solar panels to the promotion and construction of turn-key solar power systems. The group controls the development of solar power technologies at all levels in-house.
The PACE Award is an annual award from Automotive News. The focus of the award is an innovation (i) developed primarily by a supplier, (ii) that is new to the automotive industry, (iii) that is in use, and (iv) that "changes the rules of the game". Awards have been given for products, materials, processes, capital equipment, software and services. A panel of independent judges from industry, finance, research, and academia choose finalists from the initial applicants, make site visits to evaluate the innovation, and then gather to select winners, independent of the sponsors. Winners to date include suppliers from Japan, Korea, China, the US, Canada, Brazil, Germany, France, Italy, Poland and other European countries. Among the most awarded companies over the years are BorgWarner, Delphi Automotive, Federal-Mogul, Valeo and PPG Industries as well as Robert Bosch GmbH, Gentex Corporation, and Siemens.
Tesla, Inc. is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.
Valmet Automotive is a Finnish vehicle contract manufacturer and supplier of battery, roof, and kinematic systems.
SGL Carbon SE is a European company based in Germany. It is one of the world's leading manufacturers of products from carbon.
Benteler International AG (BENTELER) is a holding company in German family ownership. The Group companies operate worldwide in the fields of automotive technology, steel and tube production and engineering. The headquarters of Benteler International AG is in Salzburg (Austria), as of 2010. The owner is the Benteler family.
BYD Company Limited or BYD is a publicly listed Chinese multinational manufacturing conglomerate headquartered in Shenzhen, Guangdong, China. It is a vertically integrated company with several major subsidiaries, including BYD Auto which produces automobiles, BYD Electronics which produces electronic parts and assembly, and FinDreams, a brand name of multiple companies that produces automotive components and electric vehicle batteries.
ElringKlinger AG is a German automotive supplier and car spare parts manufacturer headquartered in Dettingen an der Erms, Germany. As a worldwide development partner and original equipment supplier of cylinder-head and specialty gaskets, plastic housing modules, shielding components for engine, transmission, exhaust systems and underbody, exhaust gas purification technology as well as battery and fuel cell components ElringKlinger provides its products to almost all of the world's vehicle and engine manufacturers. As at May 3, 2017, in addition to the parent company, the ElringKlinger Group included 44 fully consolidated subsidiaries.
Coda Automotive Inc. was a privately held American company headquartered in Los Angeles, California. The company designed and assembled lithium-iron phosphate (LiFePO4) battery systems for automotive and power storage utility applications, and electric cars. Miles Automotive partnered with Hafei and Qingyuan Electric Vehicle to establish Coda Automotive as an affiliate company. The name CODA comes from the musical term for the concluding passage of a piece of music. Coda Automotive has said that it chose the name because its electric vehicle technology represents an end for combustion engine vehicles, and the start of the electric vehicle era.
The electric vehicle industry in China is the largest in the world, accounting for around 58% of global production of electric vehicles (EVs) and more than 1.5 million exports in 2023. In 2023, CAAM reported China had sold 9.05 million passenger electric vehicles, consisting 6.26 million BEVs and 2.79 million PHEV. China also dominates the plug-in electric bus and light commercial vehicle market, reaching over 500,000 buses and 247,500 electric commercial vehicles in 2019, and recording new sales of 447,000 commercial EVs in 2023.
Sevcon Inc. was an eProducts company, that manufactured controls for electric vehicles. In September 2017, Sevcon was acquired by BorgWarner.
Gigafactory is a generic term that refers to a manufacturing facility where components and products associated with electrification and decarbonization technologies are produced.
Automotive Energy Supply Corporation (AESC) is a manufacturer of lithium ion batteries for electric vehicles established 2007 as a joint venture between Nissan, and Tokin Corporation. Since 2018 Chinese company Envision is a strong partner in the joint venture.
Northvolt AB is a Swedish battery developer and manufacturer, specialising in lithium-ion technology for electric vehicles. Founded in 2015 by two former Tesla executives, it commissioned its first manufacturing plant in Skellefteå, Sweden in 2021 and announced plans for five others in Europe and North America. The company filed for Chapter 11 reorganization on November 21, 2024.
d