Akasol AG
ASL.DE
Deutsche Börse121.00
EUR
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Akasol AG
ASL.DE
(Deutsche Börse)
Recent
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121.00
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ROIC.AI
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- Business
- Akasol AG, a subsidiary of BorgWarner Inc., develops, manufactures, and distributes high-performance, liquid-cooled lithium-ion battery systems for electric and hybrid vehicles and industrial applications. The company offers modular traction battery systems for buses, commercial vehicles, rail vehicles, industrial trucks, ships, boats, and stationary energy storage; its product portfolio includes scalable high-energy-density modules with advanced thermal management for demanding e-mobility uses. Akasol AG serves automotive OEMs, transport operators, and industrial clients primarily in Europe, with operations extending to North America. Founded in 2008 and headquartered in Darmstadt, Germany, the company operates production facilities in Darmstadt -- including Gigafactory 1 with up to 2.5 GWh annual capacity -- and Detroit. In 2022, BorgWarner completed its acquisition of Akasol, enhancing its electrification capabilities in commercial vehicle and off-highway battery systems; recent expansions include BorgWarner's gigafactory operations supporting commercial EV batteries as of 2025.