American Battery Solutions re-launches manufacturing facility to meet li-ion battery demand

American Battery Solutions, Inc. has formally re-launched its upgraded 170,000 square-foot manufacturing facility, with critical added production capacity to meet the growing demand for lithium-ion batteries used in light electric vehicles and numerous industrial and recreational applications.

The Springboro, Ohio facility, purchased from Robert Bosch Battery Systems in 2019, includes additional investment in equipment and facility improvements conducted in parallel with developments in new product offerings and new customer programs, steps that enabled production start-up in January this year of the Alliance Intelligent Battery Series.

ABS says its investment in the Springboro facility is driven by growing customer adoption of its recently-launched Alliance Intelligent Battery Series for light commercial and heavy-duty electric vehicle markets. At capacity, the facility will be capable of producing 8 Gwh of power annually the equivalent of powering more than 150,000 electric vehicles.

BorgWarner has agreed to acquire the electric vehicle solution, smart grid and smart energy businesses of Hubei Surpass Sun Electric (SSE). The transaction has an enterprise value of up to RMB 410 million (approx. $59.36 million).

Headquartered in Xiangyang, Hubei province, China, SSE’s electrification business supplies patented electric vehicle charging solutions to customers in China and more than 70 other countries. SSE says it has delivered over 50,000 charging points and has led the engineering, procurement, and construction (EPC) of more than 250 charging station sites. SSE’s charging and electrification capabilities in China are expected to complement BorgWarner’s existing capabilities in Europe and North America, the companies say. SSE’s 2022 revenues for the electrification business are expected to be approximately RMB 180 million (approx. $26.06 million).