News

Lithium Werks sells Valence™ module, BMS assets to Lithion Power Group

KUALA LUMPUR, Dec 23 -- Lithium Werks, a global leader in Lithium Iron Phosphate cell manufacturing, technology, and intellectual property, has sold its Valence™ module and BMS assets to Lithion Power Group, a vertically integrated manufacturer of cells and rechargeable and non-rechargeable battery packs.

As a result of the sale, Lithium Werks will concentrate intensely on continuing to develop its ‘Best in Class’ Nanophosphate™ materials, cell production, custom OEM solutions, increasing R&D, and further expanding and strengthening its Lithium Iron Phosphate (LFP) cathode patent portfolio.

Rapidly growing demand exists for Lithium Werks exclusive technologies from diverse industry sectors on a global basis.

According to a statement, the transaction will facilitate Lithium Werks’ continued focus on meeting this demand.

Lithium Werks, B.V., Chief Executive Officer and Co-Founder, T. Joseph Fisher, III said: “This move will sharpen our focus on being able to serve our current and future customers with our most powerful and long-lasting Nanophosphate™ powder and cells, not only for our existing verticals like industrial, medical and UPS backup, but with a new strategic clarity for mission critical applications including the energy storage and transportation verticals with custom solutions.”

Lithium Werks, which possesses the world’s most comprehensive portfolio of LFP materials, cells, Intellectual Property LFP patents and products, operates in China, Europe, and the United States.

For details, visit www.lithiumwerks.com.

-- BERNAMA

    Other News

Sarawak Lepasi Sasaran Kapasiti Gabungan Tenaga Boleh Baharu Tahun Ini - Abang Johari

Oleh Nur Ashikin Abdul Aziz

SINGAPURA, 21 Okt (Bernama) -- Sarawak mencapai 62 peratus sasaran campuran kapasiti tenaga boleh baharu (TBB) tahun ini, melepasi sasaran 60 peratus yang digariskan dalam Strategi Pembangunan Pasca COVID-19 (PCDS) 2030.

Sarawak Pacu Pertumbuhan Tenaga Boleh Diperbaharui Untuk Manfaat ASEAN - Premier

SINGAPURA, 21 Okt (Bernama) -- Sarawak komited menyokong peralihan tenaga boleh diperbaharui di Asia Tenggara dengan memanfaatkan potensinya sebagai "Bateri ASEAN," yang akan membekalkan tenaga bersih menerusi sambungan Grid Kuasa Borneo dan ASEAN.             

Belanjawan 2025 Percepat Peralihan Kepada Tenaga Bersih - Solarvest

KUALA LUMPUR, 19 Okt (Bernama) -- Belanjawan 2025 merupakan satu langkah ke arah mempercepat peralihan kepada tenaga bersih di Malaysia, kata Solarvest Holdings Bhd.