Akasol AG has signed a strategically important framework agreement with Turkey’s largest commercial vehicle manufacturer. The total volume of the agreement is in the mid-double-digit million euro range. From 2021 to 2025, the Company will supply the second and third generation of its high-energy battery systems for one existing and one new bus type manufactured by the customer, thereby expanding its customer portfolio. AKASOL will initially supply the second generation of its AKASystem 15 OEM 50 PRC-type, high-performance/high-energy battery systems for the new electric bus, which is set to launch in autumn 2021. Production of the battery systems will begin in the first quarter of 2021 at AKASOL’s serial production facility in Langen, Germany. The customer will also equip all of the buses it produces from 2023 with AKASOL’s third generation of battery systems.