logo
  

ElringKlinger Secures Major Contract For Supply Of Battery Components - Quick Facts

ElringKlinger AG (EGKLF.PK) announced Tuesday that it has bagged a high-volume order for the supply of battery components the German plant of a global battery manufacturer who produces battery systems for the series platform of a German premium car marker. The supply will begin from the first half of 2021.

Under the order, ElringKlinger will supply cell contacting systems with a total volume in the mid-triple-digit million euro range, spanning over a period of approximately nine years. Series production at the site in Neuffen is scheduled to commence within the next fifteen months.

Cell contacting systems consist of a plastic carrier frame that accommodates the cell connectors and ensures assembly in all tolerance positions.

ElringKlinger has been mass-producing battery components such as cell contacting systems for around ten years. Tailored precisely to customer requirements, they can be fitted directly onto the battery cells and welded on the cell terminals accordingly.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
When Can We Expect Starlink to Go Public? This question got an answer from Tesla and SpaceX CEO Elon Musk, who said he will only publicly list SpaceX's satellite internet service Starlink when its revenue is more predictable. Musk was responding to a users tweet, "Any thoughts on Starlink IPO we would love to invest in the future. Any thoughts on first dibs for Tesla retail investors?" John David McAfee, who founded the antivirus software company McAfee Associates, has been found dead in a prison cell in Spain shortly after a Spanish court agreed to extradite him to the US to face tax evasion charges, multiple reports said. He was arrested in Spain in October 2020 after being accused of failing to file tax returns for four years. While reporting financial results for the first quarter of fiscal 2022 on Thursday, drugstore chain Rite Aid Corp. (RAD) initiated its adjusted loss and total revenue guidance for the full-year 2022, below analysts' estimates. For fiscal 2022, the company now projects an adjusted loss in a range...
Follow RTT