Festo Doubles Revenues in the Automation of Automotive Battery Production
The growing demand for electric-powered vehicles means a bonanza for battery production and a quest for more efficient battery production to which Festo is contributing. In each of the last two years, Festo’s revenues in electromobility have doubled. The battery accounts for between roughly 30 and 40 per cent of the value added in all-electric (EV) vehicles.

