SaltX focus on large-scale energy storage - EnerStore - leads to write-downs of booked values in other application areas
Energy storage company SaltX Technology - listed on Nasdaq First North Premier - has decided to write down a total of SEK 63 million of intangible assets in other application areas. This, as a result of the company's focus on large-scale energy storage - EnerStore, which was decided in the autumn of 2018. In line with SaltX business model the company does not, under its own management, drive development and commercialization in other application areas, as this will be done through partners. The company then judges that the value of the application areas does not have the same potential and