VARTA Microbattery GmbH is confident that with this co-operation, research and development of a Lithium-Ion battery cell, which is technically superior and price competitive can be achieved.

Research activities will be done at VARTA Microbattery’s head office in Ellwangen and initially the project will cover a four year period.

In this joint venture VARTA Microbattery will contribute comprehensive know-how in the area Lithium-Ion batteries as well as innovative production technology. Moreover, Ellwangen offers an ideal environment for research of future Lithium-Ion battery generation. VARTA Microbattery has more than 100 years experience in the area of various electrochemical systems from Lithium to metal air systems as well as of their research, development and production.
 
This co-operation with Volkswagen joins the competences of both companies to maximise the  synergies and economies in the research of new chemical systems based on  lithium.

„The market prospects for Lithium-Ion batteries are enormous. VARTA Microbattery GmbH establishes with this research co-operation the course for enhancements of this future technology in Germany“ said Herbert Schein, CEO of VARTA Microbattery GmbH on the occasion of this engagement.

VARTA Microbattery GmbH is a 100 percent daughter of Montana Tech Components AG.
DDr. Michael Tojner, president of the Supervisory Board and Mag. Klaus Sernetz, CEO, commented: „The joint venture is a great chance for our company to gain a leading role in this important future technology and shows our long-term vision in the battery business.”