What is the full form of KTM
Varta and KTM are planning battery platforms for e-two-wheelers
The German battery company Varta is cooperating with the Austrian two-wheeler manufacturer KTM in the field of low-voltage battery platforms for electric two-wheelers from 250 watts to 20 kW peak power. With this, the duo wants to "set accents in the development of two-wheeled electric vehicles".
In particular, the intention is to collaborate in the areas of research, development and production, marketing and sales, as well as the take-back, recycling and secondary use of batteries. The core of the cooperation is the development of a platform battery for light electric vehicles in the field of 48 volt technology with peak outputs of up to around 20 kW. The aim is to "send a strong signal in and out of Europe in the electric two-wheeler sector," the partners said in a press release.
Austria's KTM is currently in a restructuring process. The parent company KTM Industries had already become Pierer Mobility AG in autumn 2019. The brands are KTM, Husqvarna and Gasgas. In addition to motorcycles with combustion engines or electric drives, the product portfolio also includes e-bikes. As a strategic partner of the Austrians, Bajaj has long been on board, according to the group, India's second largest motorcycle manufacturer. In addition, Pierer Mobility AG is now taking over the electronics specialist Abatec in full. It is said that the company was taken over with Montana Tech Components AG in 2018 in a difficult initial situation. Abatec is now to become a 100 percent Pierer subsidiary.
Interesting: Montana Tech Components AG is supported by the three corporate groups Varta AG, Aluflexpack AG and Montana Aerospace. In this respect, there was already a bond between Varta and Pierer. As is well known, Varta AG produces and markets a comprehensive battery portfolio from micro batteries, household batteries, energy storage systems to customer-specific battery solutions.
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“With Varta Innovation in Graz, we are well positioned for materials research in Austria. The location is being massively expanded in order to advance the development of large battery cell formats for electromobility, ”says Michael Tojner, CEO of the Montana Tech Components AG group of companies and majority owner of Varta AG. With this, Tojner is likely to refer, among other things, to the plans made public by Vartas these days to want to get involved in the market for electric vehicle battery cells.
According to the “Wirtschaftswoche”, the new large-format battery cell 21700 is at the center of Varta's plans. In doing so, the paper refers to "group-related circles". The company is currently building a pilot line for the 21700 cells at its headquarters in Ellwangen. According to the “Wirtschaftswoche”, these should initially be used primarily in high-performance electric cars - “for example as a short-term accelerator or as part of drive concepts in which the battery is permanently recharged by a motor while driving,” it says. Varta is currently in talks with several automobile manufacturers about this.
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