Logistics Business | Flash Battery celebrates strong 2021 revenue

Flash Battery’s revenues for 2021 amounted to €17.3m, up 25% on the previous year

In 2021, Flash Battery recorded a 25% growth in turnover and a significant increase in employment: +16%, bringing the number of employees to 65. The 2021 results also include a consolidation of international partnerships and membership in BEPA – Batteries European Partnership Association.

“Last year”, explains Flash Battery CEO and Founder, Mr. Marco Righi, “we joined BEPA (the Batteries European Partnership Association), an entity that brings together more than 170 industrial companies, universities and research institutes committed to attaining the goals set out at the end of 2020 by the European Commission in the context of the Horizon Europe Programme. This grouping will pour more than 925 million Euros into research and innovation projects in the battery sector. At the same time, Flash Battery has established several prestigious partnerships with highly experienced powertrain system integrators active in the main markets, that together with Italy account for more than 80% of the entire European market for the electrification of industrial machinery and electric vehicles”.