XALT Energy Powers New Flyer Battery-Electric Buses

MIDLAND — Xalt Energy LLC, the former Dow Kokam advanced battery business, announced that its batteries are helping power new battery-electric Xcelsior transit buses built by New Flyer.

Two of the buses are now on duty in Chicago and two more in Winnipeg, Manitoba, Canada.

New Flyer’s new electric city buses are equipped with XALT Energy 40Ah high power cells. The buses are outfitted with between 28 and 42 battery modules, depending on the route. Each module contains 48 individual XALT lithium-ion cells.

Xalt Energy has almost 700 megawatt hours of cell manufacturing capacity and a full-scale pack manufacturing plant located at its headquarters, called the Midland Battery Park.

Dow Chemical sold its interest in Dow Kokam to Townsend Ventures LLC, a Maryland-based energy investment firm, in November 2013. On Jan. 21, it changed its name to Xalt Energy and announced the acquisition of MAHY E-Cell, a battery pack development joint venture of Canadian auto supplier Magna International and Korea’s Hyundai Heavy Industries. In exchange for the joint venture’s assets and a cash investment, Magna and HHI received a minority interest in Townsend’s MBP Investors LLC, the majority owner of Xalt. Dow Kokam’s other owners include TK Advanced Battery LLC, KA Founders LLC and Groupe Industriel Marcel Dassault.

More at www.xaltenergy.com.

Kokam America Inc., a unit of Korean battery maker Kokam Co., opened a lithium-ion battery plant in Lee’s Summit, Mo. in 2005. Dow Kokam, a joint venture that included Dow Chemical, bought the operation in 2009. The Lee’s Summit location serves as Xalt’s research and development center. Midland Battery Park is one of the world’s biggest lithium-ion battery plants.

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