The Marketing Minute: Staying Positive When the Market Isn’t
Marcy’s Musings: Continuing to Invent the Future With SEL
It’s Only Common Sense: Why Failure Is an Opportunity for Growth
Manz AG Receives Order For Second Tranche From Akasol For Module Production Line
August 26, 2020 | Manz AGEstimated reading time: 1 minute
Manz AG, a global high-tech engineering company with an extensive technology portfolio, has received the second tranche of an order from the German company AKASOL AG for assembly lines to produce lithium-ion battery modules.
Back in February, AKASOL had ordered the first tranche for a module production line for the new Gigafactory 1 in Darmstadt. A second, identical module production line for the Gigafactory 2 at the US-American location of AKASOL AG in Hazel Park, Greater Detroit, has now been confirmed. The total volume of both tranches amounts to around 20 million euros. Final acceptance of the line for Gigafactory 1 will take place at the beginning of 2021, final acceptance for Gigafactory 2 is planned for the end of 2021. The modules produced on Manz’s machines are, among other things, to be used in commercial vehicles and buses from one of the world's largest commercial vehicle manufacturers.
Martin Drasch, CEO of Manz AG, comments: “We are very pleased that our concept has convinced AKASOL as the German pioneer for battery systems in hybrid and fully electric commercial vehicles. The order for the second tranche for the US location is the result of our excellent cooperation on the Gigafactory project in Darmstadt and confirms our impression that, in addition to Europe and Asia, the US market is also picking up considerable momentum in the battery segment. With over 30 years of experience in production facilities for powerful and efficient battery systems, we want to benefit from the global trend towards electrification in a wide range of industries.”
Manz's machines are not only used to produce battery cells, modules and packs for the automotive industry and large vehicles such as trucks and buses, but also for power tools or consumer electronics, for example.
Share on:
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
Facing the Future: Challenges and Opportunities in Reshoring PCB Manufacturing
08/12/2025 | Prashant Patel -- Column: Facing the FutureFor decades, offshore manufacturing dominated the global electronics industry. The pursuit of cost efficiency, scalability, and access to vast labor markets made countries like China, Taiwan, and Vietnam attractive destinations for printed circuit board (PCB) production. But a seismic shift is underway, from geopolitical instability and supply chain disruptions to rising labor costs and national security concerns.
Automated Production Equipment and Manncorp Announce Strategic Partnership to Expand SMT Solutions for U.S. Electronics Manufacturers
08/06/2025 | Automated Production EquipmentAutomated Production Equipment (APE), a trusted supplier of high-performance soldering and rework systems, proudly announces a strategic partnership with Manncorp, a leading provider of Surface Mount Technology (SMT) production equipment. This collaboration brings together two industry leaders to deliver expanded, end-to-end SMT solutions to electronics manufacturers across North America.
KYZEN to Feature CYBERSOLV 141-K and KYZEN E5631J at SMTA Michigan Expo and Tech Forum
08/05/2025 | KYZEN'KYZEN, the global leader in innovative environmentally responsible cleaning chemistries, will exhibit at the SMTA Michigan Expo and Tech Forum, scheduled to take place Tuesday, August 19, 2025 at Laurel Manor in Livonia, Michigan. During the event, the KYZEN Clean Team will highlight precision aerosol cleaner CYBERSOLV 141-K and understencil cleaner KYZEN E5631J.
Global Citizenship: Chinese PCB Fabricators Will Remain an Important Part of the Supply Chain
08/06/2025 | Tom Yang -- Column: Global CitizenshipIn today’s hyperconnected electronics landscape, collaboration is no longer optional; it’s essential. No single country holds a monopoly on innovation, and no one company or country can go it alone. Electronics manufacturing is very much a global business, and this will not change, no matter how the tariffs and global trade winds are blowing. Whether you're a startup founder building your prototype, an aerospace engineer pushing the boundaries of performance, or a supply chain leader managing a complex global network, Chinese PCB fabricators have likely already touched your world.
Statement from the Global Electronics Association on the July 2025 Tariff on Copper Foil and Electronics-Grade Copper Inputs
07/31/2025 | Global Electronics AssociationWe are disappointed by today’s decision to impose a 50% tariff on imported copper foil and other essential materials critical to electronics manufacturing in the United States.