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DEUTZ AG Annual Report 2023

Making rapid progress

Thanks to Futavis, DEUTZ can offer state-of-the-art battery technology solutions to its customers.

THERE IS GREAT DEMAND for innovative developments in battery technology. And we can deliver.

The market for electric drives is evolving extremely rapidly at present, and many sectors are turning to electrification. DEUTZ is very well positioned when it comes to electric technologies, not least thanks to its subsidiary Futavis. Part of the DEUTZ Group, Futavis combines the flexibility of a start-up with the security and structures of a medium-sized group of companies. DEUTZ customers benefit from the highly specialized knowledge of the around 60-strong team of engineers and developers based in Aachen, Germany. And the advantage for Futavis is that it has DEUTZ as a “strong partner at our side, boasting an excellent reputation, a global customer base, a good image, and very high quality standards,” says Martin Treiber, Managing Director of Futavis.

Futavis, which celebrated its tenth anniversary in 2023, is now a popular supplier and development partner for customers looking for bespoke battery systems, battery management systems, battery components, and battery services. Working closely with customers to ensure their needs are met, the battery specialist either develops customized solutions or integrates existing solutions into customers’ systems.

Managing Director of Futavis

A project with a big-name customer from the logistics industry went particularly well in 2023. It involved developing a customized high-voltage vehicle battery and having it certified in accordance with automotive standards. Futavis then signed a contract to supply the batteries for a future small-scale production run. The speed at which the market is moving means that Futavis is generally seeing strong demand for innovative battery technology developments.

“DEUTZ and Futavis forged even closer ties in 2023, stepping up their collaboration,” reports Treiber. The long-established company and the start-up each learn from one another and benefit from their partnership. This win-win situation will undoubtedly continue in the year ahead, as Treiber explains: “We’re delighted that the Green organization with its new structures will now be more prominent again and we will build up further momentum. We see this as great news for Futavis.” Futavis is part of the Green organization and plays a key role in the new organizational structure.