Mitsubishi Heavy selling MLiX Li-ion rechargeable battery business to Delta Electronics; focus shifting to ESS systems
25 April 2014
Mitsubishi Heavy Industries, Ltd. (MHI) is selling its Li-ion rechargeable battery business to Delta Electronics. MHI will focus on energy storage system (ESS) products using Li-ion batteries.
Under the brand name MLiX, MHI designs and manufactures prismatic cells, modules, CMU (Cell Management Unit) / BMU (Battery Management Unit), packs and systems. The batteries are used in diverse products ranging from electric buses to ESS products, including container-based systems.
ESS products are expected to record sustained market growth ahead as core devices for achieving power network stabilization in tandem with the introduction of wind power, solar power and other renewable energies, and for adjusting power supply vis-à-vis demand in order to save energy.
Leveraging the new agreement, going forward MHI and Delta Electronics also plan to join forces in pursuing further development of the lithium-ion rechargeable battery business, including ESS products.
Delta Electronics is the core enterprise of the Taiwan-based Delta Group; it offers diverse lineup of electronic products including power and thermal management solutions, and as an enterprise of global scale it has approximately 200 facilities worldwide including production, sales and R&D functions.
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