Deere takes majority stake in Austrian battery tech firm Kreisel Electric

Deere takes majority stake in Austrian battery tech firm Kreisel Electric

Deere & Company has wrapped up the previously announced acquisition of a majority stake in Kreisel Electric, an Austria-based developer of immersion-cooled battery technology. The financial terms of the deal were not revealed. Based in Rainbach im Mühlkreis, Kreisel Electric is engaged in manufacturing electric battery modules and packs that have high density and are […]