Who is farasis Energy Europe?

This year will be a pivotal one for the operations at Farasis Energy Europe, the European division of the high-performance battery maker.

Why did farasis energy start a European subsidiary?

Nuertingen, March 21st, 2024 – Farasis Energy founded its European subsidiary in 2019 to create new synergies locally through its proximity to strategic partner Mercedes-Benz and to be able to serve the European market accordingly.

How has farasis Energy partnered with Togg?

Strategic partnership: Farasis Energy and the Turkish car manufacturer Togg have been working together since 2021 with the Siro joint venture. This partnership enables the company to establish independent battery production in Europe. Production expansions: Mass production at the new plant in Gemlik (Turkey) started in spring 2023.

Why is farasis reorienting in Europe?

Farasis wants to increase battery cell output whilst reducing inventory and working capital in its operations, better serving customers and reducing emissions in its production and supply chain. The plant in Turkey will be at the heart of a reorientated strategy for Farasis in Europe.

Why is farasis Energy Europe ISO 9001 certified?

Striving for quality: With the successful ISO 9001 certification, a globally recognized standard in quality management, Farasis Energy Europe has received official confirmation of the high-quality standards of its products and services. “The Farasis Energy Europe team has developed extremely well over the last five years.

When will farasis energy introduce its next generation battery?

The company plans to introduce its next generation of cells in 2024 and expand production to 50,000 packs. Farasis Energy is a leading developer and manufacturer of high-performance battery technology and pouch cells for electric mobility and other sustainable power storage solutions.