ADVIK acquires assets of Aceleron Energy Ltd. to expand into electric vehicle and EV storage systems space
ADVIK acquires assets of Aceleron Energy Ltd. to expand into electric vehicle and EV storage systems space
04/08/24, 7:10 AM
Location
pune
bromsgrove Industry
information technology
renewable energy
energy
manufacturing
Pune-based automotive component manufacturer, ADVIK, has acquired the business assets of Aceleron Energy Ltd., indicating its entry into the electric vehicle and EV storage systems space. The acquisition aims to expand ADVIK's product range and customer base, integrating Li-Ion battery technology into its portfolio and enhancing the development of next-gen energy storage solutions.
Company Info
Location
Pune, Maharashtra, India
Company info
ADVIK is a Pune-based automotive component manufacturer with annual sales of more than 100 million USD. It offers an extensive portfolio of products like Pumps, 2W Hydraulic Brake Systems, Valves & Actuators, Thermal Management System Valves, EGR, Cam Chain Tensioners, and Alternate Fuel System. The company serves automotive customers globally.