ADVIK Powers up with Acquisition of Business Assets of UK-based Aceleron Energy Ltd. for Advanced Li-ion Batteries

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  • Through its next-gen superior vitality storage expertise, ADVIK Technologies Limited, UK provides the world’s first serviceable, upgradeable, and scalable lithium-ion batteries


  • The acquisition will create extra experience for ADVIK within the superior battery area for e-mobility and ESS purposes


 


ADVIK, a number one automotive element producer, has efficiently acquired enterprise property of Aceleron Energy Ltd., a UK-based superior Li-ion battery firm. This transfer signifies ADVIK’s entry into the Electric Vehicle (EV) and Energy Storage System (ESS) sectors, aligning with its development trajectory. The acquisition expands ADVIK’s product vary and buyer base, aiming to boost the event of next-gen vitality storage options. Managed by its UK subsidiary ADVIK Technologies Limited, the acquisition integrates cutting-edge Li-Ion battery expertise into ADVIK’s portfolio.


 






World’s 1st serviceable & repurposable Lithium Ion Battery Pack – For Mobility & ESS


 


Mr. Aditya Bhartia, Managing Director of ADVIK, expressed pleasure in regards to the acquisition, emphasizing its contribution to a sustainable future powered by clear vitality. The acquisition not solely brings patented expertise but additionally provides testing and prototyping amenities within the UK, complementing ADVIK’s current community throughout 10 crops.


 


The acquired expertise revolutionizes Li-Ion battery design, eliminating the necessity for welding, and selling reusability and scalability. Engineered to help a round financial mannequin, it enhances accessibility to vitality storage merchandise by growing battery life and decreasing wastage.


 


ADVIK anticipates development in electrification within the mobility area, together with 2W, 3W, and 4W segments, in addition to in stationary vitality storage techniques.


 


About ADVIK Group of Companies


ADVIK Group of Companies, headquartered in Pune; is a number one international producer of Automotive Components. With annual gross sales of greater than 100 million USD, the group provides an intensive portfolio of merchandise like Pumps: Oil Pump, Water Pumps and Vacuum Pumps, 2W Hydraulic Brake Systems, Valves & Actuators: HVAC actuators, Throttle physique meeting, Purge Valves, Reed Valves, Secondary Air Injection Valves, Thermal Management System Valves, EGR, Cam Chain Tensioners, Alternate Fuel System: CNG regulator & CNG techniques.The firm serves Automotive Customers Globally.


 


For additional data please go to www.ADVIK.co.in.

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