German supplier ElringKlinger is planning to move into the automotive batteries market.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Chairman Stefan Wolf told Autonobilwoche that the company is considering whether lithium-ion batteries could open up new opportunities for the company.


“I can see good reasons for our own high-tech products. We are even looking at conventional high performance batteries,” the manager said.


ElfringKlinger is currently aiming for 5-7% growth, said Wolf, and a profit of more than EUR55m. It is hoping to grow mainly through acquisition and is looking for companies with a turnover of between EUR30m and EUR200m. In addition to battery companies it is looking at lightweight plastics and new future-oriented segments, added Wolf.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now