Akasol
German EV battery manufacturer
From Wikipedia, the free encyclopedia
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]
| |
| 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 |
History
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]