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Valence Has Shipped 200,000 Li-ion Modules

13 January 2009

Valence Technology, Inc. announced that it has now shipped 200,000 Valence lithium-ion modules (equivalent of the U24 110Ah unit) since 2005—about 70 MWh worth of capacity.

Valence’s technology powers a variety of applications including hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and electric vehicles (EVs) including cars, buses, trucks, scooters and motorbikes.

The 200,000 battery shipment milestone is a direct result of the company’s worldwide business development strategy, which has leveraged Valence’s Northern Ireland office to focus on Europe, where strict emissions standards and high gasoline prices have moved the European EV market beyond the stage of early adopters. Valence applications, which contain no heavy metals, are well suited for large hybrid trucks and buses and personal electric vehicles.

More than 100 companies have purchased Valence’s energy storage solutions. Among this diverse group of technologies powered by Valence are:

  • PVI, a manufacturer for Renault Trucks, which signed a supply agreement in December 2008. PVI will place Valence batteries in Renault Trucks' all-electric Maxity.

  • Smith Electric Vehicles, a division of the Tanfield Group PLC, is the world’s largest manufacturer of road-going commercial zero emissions EVs. Valence battery packs have helped Smith’s EVs to achieve a range of 50 to 100 miles. Recently, Ford stated that it would collaborate with Tanfield to produce battery-electric versions of the Ford Transit and Transit Connect, commercial vehicles sold in Europe.

  • Wrightbus, which uses Valence’s lithium phosphate batteries in thirteen of London’s hybrid double decker buses.

  • Oxygen SpA, which provides its Cargoscooter to some of Europe's largest postal companies, uses Valence’s lithium phosphate batteries to power its mail delivery scooters.

  • Brammo Motorsports, which recently selected Valence to power its Enertia, an all-electric motorcycle.

Valence recently completed the multi-million dollar expansion of its ISO-certified Suzhou, China facilities, which will enable the company to produce up to 100 metric tonnes of cathode material each month.

Valence controls intellectual property in lithium iron magnesium phosphate, as well as next generation materials lithium vanadium-based phosphate (LVP) and lithium vanadium-based fluorophosphates (LVPF).

January 13, 2009 in Brief | Permalink | Comments (0) | TrackBack (2)

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