![bochs battery bochs battery](https://itslondon.s3.amazonaws.com/p/xxl/BOS2607337298.jpg)
It will offer a combination of services including engineering, testing, and manufacturing.
![bochs battery bochs battery](https://images.tayna.com/prod-images/1200/Bosch/m6023-bosch.jpg)
The company plans to partner with leading OEMs, system integrators, and battery makers to supplement and extend their brands. Engineering, Testing, and Manufacturing Services We're a new start, not a start-up," Dhar said.ĪBS will employ more than 50 experienced experts and associates between the two locations. "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 are proud to offer capabilities to the market through the acquisition of high-voltage assets," said Subhash Dhar, Founder, Chairman and CEO of American Battery Solutions, Inc.ĪBS intends to develop, design, test and manufacture modular battery solutions for underserved transportation, commercial, and industrial markets, primarily in North American and Europe, according to Subhash Dhar. facility in Springboro, Ohio, where Robert Bosch Battery Systems has assembled lithium-ion battery packs for the automotive industry since 2009. In addition, ABS will acquire the 172,000 sq. space in Lake Orion, Michigan, for offices and the assembly of prototype battery packs. Under the proposed agreement with Robert Bosch Battery Systems, ABS will get the testing lab assets for high-voltage battery systems and will lease a 40,000 sq. KCK Group has committed over $50 million in capital to ABS to bring electrified mobility battery systems to new emerging transportation, industrial, and commercial markets.
![bochs battery bochs battery](http://www.tooled-up.com/artwork/prodzoom/F016800346.jpg)
The terms of the sale will not be disclosed, and the sale is subject to the successful completion of certain closing conditions.ĪBS was founded by a long-time innovator & industry leader Subhash Dhar and by KCK Group, a principal investment firm with offices in New York, London, the Bay Area, and Dubai. (ABS), a newly established company, has emerged from stealth mode, with the signing of an agreement to acquire the manufacturing and testing assets for high-voltage battery systems from Robert Bosch Battery Systems.