VARTA

E-bike Battery Market to increase by USD 2.12 billion from 2022 to 2027, BMZ Holding GmbH, Coslight India Telecom Pvt. Ltd., Giant Manufacturing Co. Ltd. and more among key companies- Technavio

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Friday, January 5, 2024
Giant, Lithium, Nickel–metal hydride battery, Geography, LG Corporation, VARTA, Gesellschaft mit beschränkter Haftung, Giant Bicycles, Lithium iron phosphate battery, USD, Johnson Matthey, Free

NEW YORK , Jan. 4, 2024 /PRNewswire/ -- The e-bike battery market is expected to grow by USD 2.12 billion from 2022 to 2027.

Key Points: 
  • NEW YORK , Jan. 4, 2024 /PRNewswire/ -- The e-bike battery market is expected to grow by USD 2.12 billion from 2022 to 2027.
  • In addition, the growth momentum of the market will progress at a CAGR of 6.46% during the forecast period, according to Technavio.
  • The longer shelf life of Li-ion battery when compared with other battery technologies is notably driving the e-bike battery market.
  • We provide a detailed analysis of 20 companies operating in the e-bike battery market including  BMZ Holding GmbH, Coslight India Telecom Pvt.

EQS-News: VARTA AG achieves best quarter of the current financial year to date

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Saturday, December 30, 2023
Lithium, Forecasting, OEM, VARTA, TWS, Kilowatt-hour, Growth, Cell, Electric battery

As expected, the significant increase in revenue in the third quarter of 2023 is due to the aforementioned reimbursements of start-up costs.

Key Points: 
  • As expected, the significant increase in revenue in the third quarter of 2023 is due to the aforementioned reimbursements of start-up costs.
  • Significant fluctuations in the purchase volumes of key customers lead to increased volatility in sales forecasts and thus to increased forecasting uncertainty for the VARTA AG Group.
  • The Executive Board of VARTA AG continues to expect revenue of around € 820m for the fiscal year.
  • In addition, VARTA has given the go-ahead for the construction of a gigawatt factory for energy storage systems in 2023.

E-bike battery market to grow by USD 2.11 billion from 2022 to 2027 | The longer shelf life of Li-ion batteries to drive growth - Technavio

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Wednesday, August 23, 2023
Giant, Lithium, Urbanization, Johnson Matthey, VARTA, Aviation, NIMH, LG Corporation, Lithium iron phosphate battery, USD, Comprehensive, Giant Bicycles, Investment, Developed country, Municipal solid waste, Growth, Transport, Rest, Geography, Electric battery

Therefore, these factors and rapid growth will boost the growth of the market in this region during the forecast period.

Key Points: 
  • Therefore, these factors and rapid growth will boost the growth of the market in this region during the forecast period.
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    The longer shelf life of Li-ion batteries when compared with other battery technologies is the key driver for the growth of the e-bike battery market.
  • The flow battery market size is estimated to grow at a CAGR of 22.16% between 2022 and 2027.
  • The lithium-sulfur battery market size is estimated to grow at a CAGR of 33.06% between 2022 and 2027.

EQS-News: VARTA AG: VARTA AG looks to the future with growing confidence

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Friday, August 11, 2023
Ellwangen, Erongo Battery Energy Storage System, Federal Executive Boards, EBITDA, Environment, VARTA, Beauty salon, Video game

Restructuring is making progress: The cost reductions in all areas as well as the working capital optimisations are running successfully.

Key Points: 
  • Restructuring is making progress: The cost reductions in all areas as well as the working capital optimisations are running successfully.
  • Increase in business expected in the second half of 2023 due to seasonal factors and customer projects starting up.
  • However, the persistently challenging macroeconomic situation has continued to have a negative impact on manufacturing companies such as VARTA AG in recent months.
  • VARTA AG is optimistic about the coming months despite the continuing challenging overall economic situation.

Akoio® Reimagines Hearing Aid Battery User Experience

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Thursday, August 10, 2023
Kool-Aid, Human, VARTA, Hearing, Pet, Medical device, Electric battery, Amazon

NEW YORK, Aug. 10, 2023 /PRNewswire/ -- Akoio Enterprises, Inc., a hearing wellness company, has launched a revolutionary hearing aid battery dispenser that simplifies the user experience for users of zinc air hearing aid batteries.

Key Points: 
  • NEW YORK, Aug. 10, 2023 /PRNewswire/ -- Akoio Enterprises, Inc., a hearing wellness company, has launched a revolutionary hearing aid battery dispenser that simplifies the user experience for users of zinc air hearing aid batteries.
  • "We completely reimagined the everyday use of hearing aid batteries," says Bill Schiffmiller, CEO of Akoio.
  • "As a lifelong hearing aid user, I know firsthand the inconveniences posed by hearing aids.
  • It's a remarkable device that makes the use of hearing aid batteries a rewarding experience rather than a frustrating one."

Nickel Metal Hydride (NiMH) Battery Market worth $2.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

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Thursday, July 27, 2023
Metal, Metal–air electrochemical cell, Public utility, Health, Defense, VARTA, BYD Company, Electronics, Zinc, Vibration, Primearth EV Energy, Shock, ECG, Lithium nickel cobalt aluminium oxides, Nickel–metal hydride battery, Lithium iron phosphate, Lithium cobalt oxide, Transport, LFP, Recycling, Voltage, Electric vehicle, VRLA, AGC Aerospace & Defense, Energizer, AAA, LCO, Flood, Commercial, Defibrillation, Consumer electronics, AA, Electric battery, Lithium, Health care, Automotive industry, Duracell, Capacity, Aerospace, Region, Industrial, Aluminium, Iron

Nickel metal hydride batteries are being used in medical equipment as they offer low internal resistance, sustainability to shock and vibration, and operational reliability.

Key Points: 
  • Nickel metal hydride batteries are being used in medical equipment as they offer low internal resistance, sustainability to shock and vibration, and operational reliability.
  • The North American nickel metal hydride battery industry is further segmented into the US, Canada, and Mexico.
  • In this region, the US captures the largest market share of the NiMH battery market.
  • Moreover, the region has well-established recycling laws for the proper recycling and reuse of the NiMH battery, which drives the battery market in the region.

Nickel Metal Hydride (NiMH) Battery Market worth $2.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, July 27, 2023
Metal, Metal–air electrochemical cell, Public utility, Health, Defense, VARTA, BYD Company, Electronics, Zinc, Vibration, Primearth EV Energy, Shock, ECG, Lithium nickel cobalt aluminium oxides, Nickel–metal hydride battery, Lithium iron phosphate, Lithium cobalt oxide, Transport, LFP, Recycling, Voltage, Electric vehicle, VRLA, AGC Aerospace & Defense, Energizer, AAA, LCO, Flood, Commercial, Defibrillation, Consumer electronics, AA, Electric battery, Lithium, Health care, Automotive industry, Duracell, Capacity, Aerospace, Region, Industrial, Aluminium, Iron

Nickel metal hydride batteries are being used in medical equipment as they offer low internal resistance, sustainability to shock and vibration, and operational reliability.

Key Points: 
  • Nickel metal hydride batteries are being used in medical equipment as they offer low internal resistance, sustainability to shock and vibration, and operational reliability.
  • The North American nickel metal hydride battery industry is further segmented into the US, Canada, and Mexico.
  • In this region, the US captures the largest market share of the NiMH battery market.
  • Moreover, the region has well-established recycling laws for the proper recycling and reuse of the NiMH battery, which drives the battery market in the region.

EQS-News: VARTA AG expects significantly better second half of 2023

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Wednesday, July 26, 2023
TWS, CFO, EV/Ebitda, Federal Executive Boards, EBITDA, VARTA, Video game

With a view to the traditionally strong business in the second half of the year and a renewed increase in demand, VARTA AG is optimistic about the coming months.

Key Points: 
  • With a view to the traditionally strong business in the second half of the year and a renewed increase in demand, VARTA AG is optimistic about the coming months.
  • VARTA will publish the final figures for the first half of 2023 on 11th August.
  • We will open our new factory for energy storage systems in Ellwangen in the second half of 2023.
  • In general, VARTA AG expects business to pick up due to the generally stronger second half of the year.

EQS-News: VARTA AG confident about the future

Retrieved on: 
Wednesday, July 12, 2023
VARTA, Ellwangen, Executive, Supervisory board, National Executive Board of the Boy Scouts of America, Mass meeting, Extraordinary general meeting, Supervision, Security (finance), Management

After a challenging year, the shareholders of VARTA AG have given the green light for the future at the General Meeting.

Key Points: 
  • After a challenging year, the shareholders of VARTA AG have given the green light for the future at the General Meeting.
  • In the general debate, in which the developments of the past year were scrutinised by the investors, the shareholders discharged the Executive and the Supervisory board.
  • A volunteer programme is currently underway at the Ellwangen location with the aim of reducing 88 full-time positions.
  • At the General Meeting, Günther Apfalter was elected as a new member of the Supervisory Board.

Micro Battery Market worth $1.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, July 4, 2023
Lithium, Communication, Enterprise, Medical device, Zinc, Public utility, Molex, Compact, TDK, Arbitrary unit, Sound, Commercial, Region, EV, VARTA, Lithium nickel cobalt aluminium oxides, Lithium cobalt oxide, LFP, Kyōto Station, Growth, Wireless, Temperature, Energy harvesting, RFID, Carbon, Fashion, Ultralife Corporation, Motion, LCO, Accelerometer, Electrolyte, National Keelung Commercial & Industrial Vocational Senior High School, Internet of things, Lithium iron phosphate, Electric vehicle, Sale, Electrode, Miniaturization, Consumer electronics, Electric battery, Mobile phone, Rechargeable battery, Vertical, Capacity, Application, Gyroscope, Magnetometer, Geography

Using a micro battery improves the range of communication, ensures the durability of tags, and enables better tracking and tracing functions.

Key Points: 
  • Using a micro battery improves the range of communication, ensures the durability of tags, and enables better tracking and tracing functions.
  • North America is expected to hold a significant share of the micro battery market during the forecast period.
  • Many North America-based companies are developing micro batteries for application in wearable devices, smart packaging, smart cards, medical devices, and wireless sensors.
  • Increasing demand for wearable and medical devices is a crucial factor driving the micro battery market in this region.