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Two-wheel batteries: Tojners Varta and Pierers KTM want to send a "strong signal"

Two-wheel batteries: Tojners Varta and Pierers KTM want to send a “strong signal”

Two prominent Austrian companies are teaming up to develop battery systems for electric two-wheelers.

6:10 p.m., March 17, 2021

Stefan Pierer (KTM) © Juergen Fuchs

The two prominent Austrian entrepreneurs and investors want to jointly develop e-mobility more strongly as a future business area Stefan Pierer and Michael Tojner. Your companies Pierer Mobility (KTM) and Varta want to “send a strong signal in and out of Europe” with battery systems in the electric two-wheeler sector, as they announced on Wednesday evening. The aim is to cooperate in research, development and production.

Development of two-wheel electric vehicles

“With Varta Innovation in Graz we are well positioned for materials research in Austria”, says Michael Tojner, CEO of the Montana Tech Components AG group of companies and majority owner of Varta AG. The location will be expanded to advance the development of large battery cell formats for electromobility. “Thanks to our innovative strength, we see ourselves as a technology leader in the two-wheeler sector in Europe and want to set the tone particularly in the development of two-wheeled electric vehicles,” said Stefan Pierer, CEO of Pierer Mobility AG.

Michael Tojner Wertinvest Varta Mariahilfer Str 1 Vienna by Akos Burg
Michael Tojner Photo © KK

Innovation and technology leader Varta

According to its own statements, Varta is the leading European manufacturer of Li-ion cells and global innovation and technology leader. Pierer Mobility AG owns the brands KTM, Husqvarna and Gasgas.

KK
KTM © KK

They call themselves the largest European powered two-wheeler manufacturer. The cooperation partners see great potential for the development of a platform battery for light electric vehicles.

KK
Varta © KK

“Long range and performance”

According to the announcement, a cooperation between Varta and KTM in the Development and production of low-voltage battery platforms for vehicles with a peak output of 250 watts to 20 kilowatts, “which achieve a high range and high performance”.

Tojner and Pierer have been working together on business for a long time.

They have in common for example, the electronics company Abatec has already been taken over and restructured.

Pierer Industrie AG is now taking over all company shares from Montana Tech Compnents and fully integrating Abatec.

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