Lithium Technology and Enersys to collaborate on lithium batteries
Filed under: EV/Plug-in, Hybrid, Manufacturing/Plants

Lithium Technologies (LTC) and EnerSys have announced the signing of a Memorandum of Understanding (MOU) in which the two companies announce they're joining forces to distribute large lithium-ion batteries. EnerSys will become the distributor of battery packs using LTC's lithium ion cells for diverse applications, thus complementing EnerSys's current lineup of lead acid battery products (for instance, this Quebec plug-in hybrid test). Enersys will focus on military and defense applications as well as stationary installations. The collaboration will help expand volumes and hopefully drive economies of scale for LTC's cells. The MOU defines a 3-year long agreement which can be extended afterwards. More information will be released by the end of the summer, when the complete agreement is signed. Full press release after the jump.
[Source: Lithium Technology Corporation and EnerSys]














