Resilient through the crisis: Freudenberg grows profitably, invests heavily
Road tests of the first prototype vehicles and the launch of series production are expected this year.Freudenberg e-Power Systems and LG Energy Solution have signed a multiyear contract for the delivery of lithium ion battery cell modules, enabling Freudenberg to expand its capacity and keep up with rising demand.In early January 2023, the Business Group acquired the remaining shares of XALT Energy, LLC, Wilmington, Delaware, USA.
Source: devdiscourse.com