Akasol AG engages in the manufacture of liquid-cooled and rechargeable high performance lithium ion battery systems. It operates through the On-Highway and Off-Highway segments. The On-Highway Segment the Company serves manufacturers of buses and commercial vehicles. The Off-Highway Segment focuses on battery systems; and services for manufacturers and suppliers of rail and industrial vehicles. The company was founded by Sven Schulz, Felix von Borck, BjÃ¶rn Eberleh, and Stephen Raiser in 2008 and is headquartered in Darmstadt, Germany.