VARTA will start production of cells for electromobility

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VARTA will produce battery cells for electromobility in the future. The new cell in the 21700 format, called V4Drive, will be produced on a pilot line at the group's headquarters in Ellwangen (Baden-Württemberg) at the end of this year. It could in future be used for new and optimized drive concepts, especially for vehicles in the premium segment. With this, the technology group confirms a corresponding report by "Wirtschaftswoche". There are other possible uses, for example in power tools, as the company had already planned in the past. VARTA CEO Herbert Schein says: “The development of the new lithium-ion cells is going extremely well. The results exceed our expectations.  VARTA will announce details at a later date.

About VARTA AG

VARTA AG produces and markets a comprehensive battery portfolio ranging from micro batteries, household batteries, energy storage systems to customised battery solutions for a variety of applications and sets the industry standards as a technology leader in key areas. As the parent company of the Group, it is divided into the segments "Micro Batteries", "Lithium-Ion CoinPower", "Consumer Batteries", "Energy Storage Systems" and "Other".
The "Micro Batteries" segment includes micro and hearing aid batteries, "Lithium-Ion CoinPower" small-format lithium-ion round cells for OEM applications. "Consumer Batteries" represents the business with household batteries, rechargeable batteries, chargers, portable power (power banks) and lights. “Energy Storage Systems" includes energy storage solutions for primarily private, but also for commercial applications. The "Other" segment includes the "Lithium-Ion Battery Packs" and "Lithium-Ion Large Cells" business units (high-performance lithium-ion round cells for industrial applications in the automotive and non-automotive sectors).
Through intensive research and development, VARTA sets global standards in many areas of lithium-ion technology and in micro batteries, making it a recognised innovation leader in the important growth markets of lithium-ion technology and in primary hearing aid batteries. The VARTA AG Group currently employs around 4,200 people. With five production and manufacturing facilities in Europe and Asia as well as distribution centres in Asia, Europe and the USA, VARTA AG's operating subsidiaries are currently active in over 100 countries worldwide.