Flash Battery closes an outstanding 2021

Flash Battery, Italy-based specialist in lithium batteries for industrial machines and electric vehicles, announced that revenues for 2021 amounted to €17.3 million, up 25% on the previous year. With 2020 having seen a 5% growth in revenues despite a slowdown in production in the first half of the year due to the Covid-19 pandemic, in 2021 the company also registered a significant increase of 16% in new hires, bringing the total number of employees to 65, more than a third of whom are involved in R&D activities.