John Deere to acquire majority ownership in battery producer Kreisel Electric
Deere & Company will acquire majority ownership in Kreisel Electric, a battery technology provider based in Rainbach im Mühlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules and packs. Additionally, Kreisel has developed a charging infrastructure platform (Chimero) that utilizes this patented battery technology. Since 2014, Kreisel has been a leading innovator focused on the development of immersion-cooled electric battery modules and... read more