Voltabox Officially Opens Lithium-Ion Battery Plant In Texas
Voltabox of Texas — better known as the American subsidiary of the Germany-based automotive supplier paragon AG — recently opened a new lithium-ion battery pack production plant in Texas, according to recent reports.
The production plant, which is located in Cedar Park, is now operational — with one completely automated assembly line for lithium-ion battery packs now up and running. Alongside the production activity, the facility will also be home to the US-based offices of associated German partners.
For some background here, Voltabox currently develops two different battery systems, each based around different types of cell technology: “iron-phosphate (cylindrical), and nickel-manganese-cobalt-oxide (prismatic), each offering their own distinct advantages,” as noted by Green Car Congress. “Voltabox Li-ion battery systems have been specifically designed for an extremely wide range of applications.”
Reportedly, paragon AG is planning to offer up lithium-ion battery packs to customers in the bus industry, as well as the logistics industry. It’s apparently intended that production will be ramped up at a later point to supply North American manufacturers.
The founder and CEO of paragon AG, Klaus Dieter Frers, commented: “We have already successfully acquired several promising orders on the spot, confirming our decision to come to the US. There is enormous potential here, and Voltabox offers us good opportunities to add a further chapter to our success story.”
Over 60% of Voltabox of Texas’s value creation is based in the US as of the end of 2014, based on its most recent certification.
Image Credit: Voltabox
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