Altech Batteries Shelves German Project

Altech Batteries Shelves German Project
Altech Batteries has discontinued its German silumina anodes project and liquidated its subsidiary Altech Industries Germany. The company is pivoting toward CERENERGY, a sodium-ion battery technology, with backing from up to $80.4 million in German government funding. Altech is pursuing joint venture discussions to advance this new strategic direction, marking a significant shift in its manufacturing and technology focus.