Lake Orion, Michigan – Newly formed American Battery Solutions Inc. has purchased high-voltage manufacturing and testing assets from German automotive and industrial supplier Bosch to produce power storage systems for electric vehicles (EVs).
ABS plans to bring electrified mobility battery systems to transportation, industrial, and commercial markets by leveraging its experience in automotive battery system development and manufacturing. The company will develop, design, test, and manufacture modular battery solutions primarily in North American and Europe, according to Subhash Dhar, founder, chairman and CEO.
“ABS brings an experienced team of world-class battery professionals and automotive experts with an entrepreneurial mindset together with world-class development and manufacturing facilities. We’re a new start, not a startup,” Dhar said.
ABS’ leadership team includes Dr. John Warner, chief customer officer; Ivan Menjak, vice president, business development; and Arun Kumar, director, electronics.
“ABS will focus on the middle of the spectrum of battery systems value chain,” Dhar said, “concentrating on module production, pack assembly and customer integration.”
Target applications will include:
- High performance, autonomous EVs
- Delivery trucks, buses, utility vehicles
- Rail, marine
- Mobile commercial power
- Material handling equipment
- Construction, agriculture, mining equipment.
ABS is backed by $50 million from investment firm KCK Group.
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