Valence Technology just announced that it has been selected to provide lithium phosphate batteries and dynamic energy systems for a new master-planned smart grid community called Discovery at Spring Trails. Valence’s systems will be used to demonstrate a practice called “peak shaving,” which utilizes home appliances more efficiently during peak demand hours.
In a press release, Robert L. Kanode, president and CEO, Valence Technology, commented on the news:
“Valence Technology is proud to be involved … Read the rest
Valence Technology just announced that the company has joined a team of yachting industry leaders committed to developing a hybrid bluewater yacht and bringing it to market. Other team members include custom yacht builder Foundation Beneteau Yachts, marine diesel engine company Volkswagen AG and Tier 1 driveline integrator ZF Marine. Valence will provide its lithium-ion battery systems for the yachts.
In a press release, Robert L. Kanode, president and CEO of Valence Technology, commented … Read the rest
Valence Technology, Inc just announced that it has signed a supply agreement to provide EVI with batteries for their electric trucks. The companies announced the deal at the Grand Opening Ceremony for EVI’s new Stockton, California plant.
In a press release, Robert L. Kanode, President and CEO of Valence Technology, commented on the deal:
“The Valence U-Charge energy storage systems offers EVI the flexibility to offer three distinctive electric trucks from class 4 (15,000 … Read the rest
Valance Technology just announced a deal with private equity firm Seaside 88, according to this article in the Austin Statesman. Under the terms of the deal, Seaside will buy up to 16.9 million shares at a discount from Valence over the next year. Seaside 88 purchased 650,000 shares on Thursday. The deal gives Valence a much-needed cash infusion.
In the Statesman article, Valence co-founder and chairman Carl Berg, who has been largely meeting the cash … Read the rest
Valence Technology just announced that it has signed a supply agreement OxygenSpA, a company from Italy that makes light electric vehicles, such as electric scooters. Under the terms of the three year supply agreement, Valence will supply OxygenSpA with batteries to power its electric CargoScooters, which are used by postal delivery personnel in several European countries and may soon be available here in the States.
In a press release, leaders from both countries commented on … Read the rest
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