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JT Energy Systems

Jungheinrich and Triathlon acquire site for ‘Europe’s biggest’ LIB production centre

Mon, 08/12/2019 - 12:30 -- John Shepherd
Jungheinrich and Triathlon acquire site for ‘Europe’s biggest’ LIB production centre

German firms Triathlon Batteries and forklift OEM Jungheinrich have acquired a 240,000m2 site to build one of Europe’s biggest lithium-ion battery pack assembly plants for the motive application market.

The companies’ JT Energy Systems joint venture, formed earlier this year, will initially build a 42,000mproduction plant on the former solar equipment-manufacturing site in Freiberg, in the eastern-German state of Saxony.

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Germany’s Jungheinrich and Triathlon launch batteries joint venture

Mon, 02/25/2019 - 00:00 -- John Shepherd

German firms Triathlon Batteries and Jungheinrich have formed a joint venture company “focused on the production and recycling of lithium-ion battery systems”.

Jungheinrich, known as a forklift truck manufacturer, will have a 70% majority stake in the new company— JT Energy Systems— which is set to start operations in Glauchau in August 2019.

The partners, who both produce a range of lead-acid and lithium-ion batteries, are staying tight-lipped about details of the new business and did not respond to BEST Battery Briefing’s requests for interviews.

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