XALT Energy Battery Plant Closure
Sector: Manufacturing (Industrial) • Location: Midland, Michigan, United States
Source: Midland Daily News
Freudenberg e-Power Systems, the German parent company that owns XALT Energy, plans to cease operations at its Midland and Auburn Hills battery manufacturing facilities due to a decline in demand for heavy-duty electric and hybrid vehicles in North America. The plant was originally founded as Dow Kokam in 2009, rebranded as XALT Energy in 2014, and later acquired fully by Freudenberg by 2023. The
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned closure |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Freudenberg e-Power Systems, the German parent company that owns XALT Energy, plans to cease operations at its Midland and Auburn Hills battery manufacturing facilities due to a decline in demand for heavy-duty electric and hybrid vehicles in North America. The plant was originally founded as Dow Kokam in 2009, rebranded as XALT Energy in 2014, and later acquired fully by Freudenberg by 2023. The Midland site was a key production site for large-format lithium-ion batteries used in commercial trucks, buses, and ships. Despite previous investments and expansions, the company is winding down operations with layoffs expected over several months. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
Region | Obfuscated |
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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