Live Breaking News & Updates on Acquisition Of Lithium Balance Company

Sensata Technologies Advances Electrification Strategy with Acquisition of Lithium Balance (Image: Business Wire)
Founded in 2006 as a start-up at the Danish Institute of Technology, Lithium Balance has pushed battery electrification forward through the development of the next generation of BMS technologies for lithium ion batteries, including the XOLTA brand of fully modular, cloud -connected energy storage systems. (ESS).
This strategic acquisition advances Sensata’s electrification business and strategy in the clean energy markets. Sensata’s previous acquisitions, such as Gigavac in 2018, have helped position the company as a leading provider of mission-critical high voltage protection on EVs and in charging infrastructure. The addition of Lithium Balance further expands Sensata’s portfolio to offer battery management solutions to a variety of automotive OEMs and integrated energy storage solutions for commercial and industrial customers. As a combined entity, ....

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