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€45m investment to boost Li-ion battery output

Fri, 02/13/2015 - 13:18 -- Paul Crompton
€45m investment to boost Li-ion battery output

German lithium-ion battery supplier BMZ GmbH is quadrupling its R&D and manufacturing capacities as it looks to tackle demand in the next five years.

It is part of a €45million, five-year investment schedule the intelligent battery solutions supplier has entered into as it aims to build 80 million li-ion batteries by 2020.

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