ELRINGKLINGER AG NA O.N.
ELRINGKLINGER AG NA O.N.
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Ticker: ZIL2
ISIN: DE0007856023

DGAP-News: ElringKlinger secures major contract for supply of battery components

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DGAP-News: ElringKlinger AG / Key word(s): Incoming Orders
ElringKlinger secures major contract for supply of battery components

09.03.2021 / 12:13
The issuer is solely responsible for the content of this announcement.


ElringKlinger secures major contract for supply of battery components

  • Serial production order for cell contacting systems placed by global battery manufacturer for series platform of German premium car marker
  • Total volume in mid-triple-digit million euro range over contractual term of approximately nine years
  • Start of production at Neuffen-based plant in the first half of 2022
  • Dr. Stefan Wolf, CEO of ElringKlinger AG: "This contract is another important step for ElringKlinger in the context of transformation."

Dettingen/Erms (Germany), March 9, 2021 +++ ElringKlinger AG has received a high-volume order for cell contacting systems. From the first half of 2022 onwards, the Group will supply the German plant of a global battery manufacturer who produces battery systems for the series platform of a German premium car marker. The contract covers a total volume in the mid-triple-digit million euro range and will span over a period of approximately nine years. Series production at the site in Neuffen is scheduled to commence within the next fifteen months.

Dr. Stefan Wolf, CEO of ElringKlinger AG, commented: "This contract is another important step for ElringKlinger in the context of transformation and highlights our expertise as a leading supplier within the field of e-mobility. We are very pleased that a global battery manufacturer has decided in favor of our know-how relating to battery components and see this as confirmation of our approach of positioning ourselves early for the technologies of the future."

ElringKlinger has been mass-producing battery components such as cell contacting systems for around ten years. Tailored precisely to customer requirements, they can be fitted directly onto the battery cells and welded on the cell terminals accordingly. Cell contacting systems consist of a plastic carrier frame that accommodates the cell connectors and ensures assembly in all tolerance positions. The required voltage and temperature sensors are already included, while the electronic cell supervision circuit can also be integrated.

Alongside components, the Group also offers high-performance modules using prismatic and cylindrical cells as well as complete battery systems. The first series production orders are currently in the pre-manufacturing phase.


For further information, please contact:
ElringKlinger AG | Strategic Communications
Dr. Jens Winter
Max-Eyth-Straße 2 | D-72581 Dettingen/Erms
Phone: +49 7123 724-88335 | E-mail: [email protected]


About ElringKlinger AG
As an automotive supplier, ElringKlinger has become a trusted partner to its customers - with a firm commitment to shaping the future of mobility. Whether optimized combustion engines, high-performance hybrids, or environmentally-friendly battery and fuel cell technology, ElringKlinger provides innovative solutions for all types of drive system. ElringKlinger's lightweighting concepts help to reduce the overall weight of vehicles. As a result, vehicles powered by combustion engines consume less fuel and emit less CO2, while those equipped with alternative propulsion systems benefit from an extended range. In response to increasingly complex combustion engine technology, the Group also continues to refine and evolve its offering within the area of seals and gaskets in order to meet the highest possible standards. This is complemented by solutions centered around thermal and acoustic shielding technology. Additionally, the Group's portfolio includes products made of the high-performance plastic PTFE, which is also marketed to industries beyond the automotive sector. These efforts are supported by a dedicated workforce of around 10,000 people at 45 ElringKlinger Group locations around the globe.



09.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: ElringKlinger AG
Max-Eyth-Straße 2
72581 Dettingen/Erms
Germany
Phone: 071 23 / 724-0
Fax: 071 23 / 724-9006
E-mail: [email protected]
Internet: www.elringklinger.de
ISIN: DE0007856023
WKN: 785602
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID: 1174135

 
End of News DGAP News Service

1174135  09.03.2021 

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