Milano Finanza | Charging USA

The company from Reggio Emilia lands in Texas and aims to grow in the business of lithium batteries for industrial machines and electric vehicles

Starting from the small town of S.Ilario, halfway between Parma and Reggio Emilia, to arrive in Houston, Texas, and look at the world market of lithium batteries for industrial applications from a new point of view. It is a really big leap for the former start-up of lithium batteries made in Via Emilia, Flash Battery, which with the new address of its American headquarters closes its first 12 years of growth and starts a new phase of expansion.

The American market considering direct and indirect sales, i.e. Flash Battery batteries installed in machines and industrial vehicles manufactured in Europe and exported to America, is already worth 35% of turnover, reaching 34 million Euro in 2023, 10 of which on foreign markets with a leap of 54% over 2022. The new business unit (warehouse and offices) is under the control of Flash Battery Inc (established in 2023 with a view to its arrival in the United States), which is headed by Marco Righi, managing director of Flash Battery as president, together with the chief operating officer (Coo), Filippo Di Gregorio, and Andrea Pongolini, executive vice president of sales (Evp) of E80 Group in the US, as board members.