Manz AG Follow-up order for assembly lines in the field of e-mobility
Manz AG: Follow-up order for assembly lines in the field of e-mobility
Cell contacting systems are a central component of the e-power train of electric cars and plug-in hybrids: Depending on their size and capacity, several battery modules are integrated and interconnected in each battery-powered e-car. Each of these modules has its own cell contacting system that connects individual battery cells to form modules and handles current collection and various sensor functions for battery management, such as measuring temperature and voltage.
Martin Drasch, CEO of Manz AG, comments: "We are very pleased about the renewed order from TE Connectivity. The order underlines the very positive development in the field of electromobility, in which we have made targeted investments with our developments in recent years. However, we estimate that this market is only at the very beginning, and we want to and will continue to benefit from this trend with our Electronics and Energy Storage segments. Thanks to our decades of experience in assembly automation and battery production, we are very well positioned for further growth as the global mobility revolution continues to accelerate. The high pace at which production capacities are being expanded and our innovative solutions are in demand shows how dynamically this market is developing. The commitment of funding from the European Commission for the further development of Li-ion battery technology as part of the Important Projects of Common European Interest (IPCEI), which we received in January, will enable us to further develop our competencies in line with this dynamism and sustainably strengthen our focus on this growth market."