American Battery Solutions Inc. (ABS), an advanced battery systems company in Orion Charter Township, announced it has completed the acquisition of Robert Bosch Battery Systems’ high-voltage manufacturing and testing assets in Ohio.
With the transaction completed, the 170,000-square-foot battery systems manufacturing facility and production lines in Springboro, Ohio now are wholly owned by ABS. The key manufacturing personnel from the plant also have joined ABS as its employees.
ABS is backed by a $50 million committed investment from KCK Group, a principal investment firm with global offices in London, New York, San Francisco, and Dubai. ABS brings electrified mobility battery systems to emerging transportation, industrial, and commercial markets by leveraging the team’s vast experience and expertise in automotive battery system development, testing, and manufacturing.
ABS already is in discussions with several potential customers to develop, test, and manufacture modular battery solutions for underserved transportation, industrial, and commercial markets, primarily in North American and Europe.
“We are excited to have the highly experienced manufacturing team join our world-class battery professionals and automotive experts together with world-class development and manufacturing facilities,” says Subhash Dhar, founder, chairman, and chief executive officer of ABS. “ABS will focus on the middle of the spectrum of battery systems value chain, concentrating on module production, pack assembly, and customer integration.”
The company says it will work with the world’s leading OEMs, system integrators, and battery manufacturers to supplement and extend their brands with a combination of engineering, testing and manufacturing services. The venture will partner with leading cell suppliers, to offer a variety of chemistries and cell form factors to optimize each application.
Target applications include: