UK-based Alexander Battery Technologies (ABT), which designs and manufactures customised rechargeable battery packs for a range of industries, will heavily invest in its UK and overseas sites during 2024.
Since embarking on a five-year growth plan, ABT has seen revenues rise by around 30 per cent during the last year. Now, in its 40th anniversary year, the company has higher ambitions to achieve a £100m annual sales target within the next four years.
In the middle of 2023, ABT invested in IPG Photonic’s very latest battery laser welding machinery, the EV Flex. This new laser welder was installed within the Peterlee factory in April this year, which once in full production will represent an investment of more than £500,000. The EV Flex provides the technical platform to deliver large packs to meet the standards required for automotive on-highway vehicles and similar high voltage applications.
“The business invested heavily during 2023, to set us up for growth in the coming years,” said Alex Stapleton, chief commercial officer at ABT. “We concluded the design and build of our Battery Technology Centre, providing 12 dedicated laboratories for new battery development projects, up to 800V and over 100kWh.”
During 2023, the company secured several big contracts and broke into new markets, most notably the growing e-Mobility sector; and secured a project for a battery pack for an on-highway eMotorbike. Elsewhere, ABT won a project in the military sector for an unmanned support vehicle that works alongside military personnel, carrying heavy equipment and support gear. This demanding project requires a large battery pack of around 70kg with a voltage of circa 120V.
ABT operates an advanced high-voltage battery testing and validation laboratory at its Battery Technology Centre, as well as its state-of-the-art logistics facility in the UK. However elsewhere, ABT is steadily building its sales and service operation, opening a new location in Frankfurt last summer.
The manufacturer is exhibiting at next week’s Battery Cells & Systems Expo at the NEC Birmingham, at stand 1409.
