March 17, 2020 / 10:56 AM / in 17 days

BRIEF-Akasol Says Production Not Yet At Risk Despite Coronavirus Outbreak

March 17 (Reuters) - AKASOL AG:

* PRODUCTION CAPACITY IN LANGEN IS MORE THAN DOUBLED - SECOND PRODUCTION LINE GOES INTO OPERATION SIX MONTHS AHEAD OF SCHEDULE

* PRODUCTION NOT YET AT RISK DESPITE CORONA CRISIS - SUPPLY CHAIN STABLE

* SERIAL PRODUCTION OF SECOND-GENERATION BATTERY SYSTEMS STARTS BY MID-2020

* CAPACITY AT EUROPE’S LARGEST PRODUCTION SITE FOR BATTERY SYSTEMS WILL INCREASE TO 800 MWH PER YEAR

* LANGEN II COMMISSIONED SIX MONTHS EARLIER THAN PLANNED

* WE EXPECT A STRONG SECOND HALF OF 2020 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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