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Exide acquires Aker Wade to forge motive powerhouse

Mon, 06/04/2018 - 12:17 -- Xuan Zhong
Exide acquires Aker Wade to forge motive powerhouse

US-based lead-acid giant Exide Technologies has moved to tighten its grip on the motive power market by acquiring fast-charge tech pioneer Aker Wade Power Technologies.

Aker Wade designs and manufactures advanced charging systems for industrial forklifts— and the acquisition will see the firm’s chargers become part of Exide’s GNB Industrial Power battery portfolio.

 

Exide technologies
Aker Wade Power Technologies
fast-charge
Lithium-ion
lead-acid
Energy storage
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Daimler joins investors in fast-charge firm StoreDot

Wed, 09/20/2017 - 10:17 -- News Editor
Daimler joins investors in fast-charge firm StoreDot

Israeli start-up StoreDot has raised a further $60 million to support the scaling-up of its electric vehicle (EV) fast-charge FlashBattery technology in a third round of funding led by the truck division of Germany’s Daimler.

StoreDot has said previously it was in talks with European and Chinese car OEM’s about its technology.

 

StoreDot
electric vehicles
fast-charge
FlashBattery technology
daimler
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