What’s it all about?

Sven has a great story to tell, from a 5 person academic start up, to IPO and international expansion in just 10 years. Sven shares the highs and lows of the journey, what it takes to build a battery Gigafactory in Europe, and some possibly controversial thoughts on electric flight.  A slightly longer than usual episode, but there was so much to cover. Tuck in.

About our guest

Sven has a great story to tell, from a 5 person academic start up, to IPO and international expansion in just 10 years. Sven shares the highs and lows of the journey, what it takes to build a battery Gigafactory in Europe, and some possibly controversial thoughts on electric flight. A slightly longer than usual episode, but there was so much to cover. Tuck in.

Sven Schulz has been the CEO of AKASOL AG since May 2018. He co-founded and was the sole investor of AKASOL GmbH in 2008 and served as Managing Director since that time, playing a key role in the development of the company.

An industrial engineer by trade, Sven has been active in the automotive industry since 2001 and is an excellent generalist in terms of technology. He completed his management training at the University of St. Gallen, where he holds an MBA.

AKASOL is a leading German manufacturer of high-performance lithium-ion battery systems for buses, commercial vehicles, rail vehicles, industrial vehicles, ships and boats. With almost 30 years of experience AKASOL is a pioneer in the development and manufacture of lithium-ion battery systems for commercial applications. AKASOL AG’s shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange since June 29, 2018.

Based in Germany, AKASOL operates a production facility in Langen (Hesse) with an annual production capacity of up to 300 MWh, which will be expanded to 800 MWh by 2020. According to AKASOL, this is Europe’s largest lithium-ion battery system production plant for commercial vehicles, which can currently produce battery systems per year for up to 1,500 fully electric buses or for up to 3,000 medium-sized commercial vehicles, depending on battery size. AKASOL systems are manufactured according to the requirements of the industry standards of leading OEM customers. Current customers include Daimler, a Scandinavian bus and truck manufacturer, Alstom, Bombardier, Rolls-Royce Power Systems (MTU Friedrichshafen) and several more. AKASOL has a technology-independent product portfolio. This allows the company to use the best battery cells and battery chemistry according to the clients’ individual needs.

Sven Schulz on Linked In https://www.linkedin.com/in/sven-schulz-72a121137/

Sven Schulz on Twitter  https://twitter.com/svenschulz

Akasol GmbH on Linked In https://www.linkedin.com/company/akasol-ag/

Akasol GmbH website https://www.akasol.com/en/

Akasol GmbH on Twitter  https://twitter.com/AKASOL_PR

News stories discussed this week

Akasol opening manufacturing facility in Detroit. https://www.akasol.com/en/news-akasol-location-usa

AKASOL CELEBRATES GROUND-BREAKING CEREMONY FOR NEW HEADQUARTERS IN DARMSTADT https://www.akasol.com/en/news-akasol-headquarters-ceremony

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