Manz AG receives strategically important order from the e-mobility industry

03/31/2015 08:30:00 CEST

  • Manz delivers pilot system for the manufacture of lithium-ion battery systems for electric cars to one of the leading companies of the industry
  • Increasing investment momentum in the e-mobility sector underscores high growth potential
  • Upon qualification of the pilot system for serial production, there will be outstanding opportunities for significant follow-up orders

Manz AG, one of the world's leading high-tech equipment manufacturers with an extensive technology portfolio for the three strategic segments Display, Solar and Battery, received a strategically important order from one of the leading companies of the e-mobility industry in the USA. The order is for a pilot system in which an innovative laser welding process will be used for the manufacture of lithium-ion battery systems. With the help of this procedure, the quality and performance of the batteries can be further increased – at reduced production costs. While the order volume for this system is only in the six-figure range, Manz AG sees outstanding opportunities for significant follow-up orders in the coming years once the new process has been successfully qualified for series production.

Alongside the increase in the performance parameters of lithium-ion battery systems, the sustained lowering of their production costs, in particular, will be critical for the success of e-mobility. With the newly developed process for the electrical connection of the individual battery cells into a battery system through laser welding, Manz AG is driving this development forward.

Dieter Manz, CEO and founder of Manz AG, stated: "This trailblazing order underscores our positioning as an established development partner of leading companies in growth industries and is the result of our innovativeness. The order opens up immense opportunities for us in the e-mobility industry and, in addition, documents our outstanding growth potential in the Battery segment. Currently, the growth momentum is essentially coming from the Consumer Electronics segment. But e-mobility is now clearly accelerating with significant revenue potential for Manz AG. Accordingly, I am convinced that we will soon see sales in the triple-digit million range in our fastest growing segment, the Battery segment."

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