30-03-2017 | Press releases

paragon Subsidiary Voltabox Receives New Major Order for Lithium-Ion Battery Modules

Delbrück, Germany, March 30, 2017 – paragon AG has announced a new order from a major customer for the German Voltabox subsidiary today. With its innovative technology concepts, the wholly owned Voltabox subsidiary has successfully established itself as a leading provider in individual electromobility submarkets within a short period of time. The advantages of lithium-ion technology, the forward-looking energy system design, the active thermal management and the intelligent battery management from Voltabox provide vehicles and machines with high load requirements with performance and cost benefits that simply aren’t possible with any other drive technology available on the market today.

  • Major client issues order for total energy content of 10 megawatt hours (MWh)

  • Traction batteries based on proven lithium-nickel-manganese-cobalt-oxide technology (NMC)

  • Production on new, highly automated assembly line at Delbrück site

  • Delivery in current fiscal year