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Mana Battery hires BMW's Dr. Frederik Morgenstern to boost sodium-ion battery tech and production.

Market News
09 Nov 2026, 16:59 WIB
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Bullish
Mana Battery hires BMW's Dr. Frederik Morgenstern to boost sodium-ion battery tech and production.

Mana Battery has appointed Dr. Frederik Morgenstern, former BMW battery innovation lead, as VP of Cell Engineering. Morgenstern brings extensive experience in developing high-performance battery cells, including BMW's 6th-generation cylindrical cell, known for better energy density and faster charging. His expertise is expected to accelerate Mana Battery's sodium-ion battery development, which aims to offer safer, cost-effective alternatives for electric vehicles and energy storage. This move strengthens Mana Battery's position against global competitors, particularly China, by combining innovation with cost leadership.

Mana Battery's recent executive hire is presented here alongside Pluang's Technology-sector snapshot as of Nov 09, 2026 17:02 WIB: out of 150 priced US stocks, 77 rose and 59 fell. Among notable movers, SAP SE gained 3.27% to USD 241.08 with a typical hold time of 120 days, contrasting with Appian Corp's 3.10% drop to USD 50.00 and Iris Energy Limited's 2.96% decline to USD 21.00, both held for shorter periods on Pluang.

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