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Kontrolmatik to set up USD 60m battery cell and energy storage facility

Kontrolmatik to set up USD 60m battery cell and energy storage facility

BY ERKAN CAKAN Technology company Kontrolmatik Teknoloji has laid the foundation of a USD 60m lithium iron phosphate (LiFePO4) battery cell and energy storage systems manufacturing plant in Polatli Ankara. The facility will start production in the final quarter (Q4) of this year, according to Sami Aslanhan, Chairman of the Board of Directors of Kontrolmatik...