Valence (VLNC) has signed a memorandum of understanding with Siemens this morning to develop advanced battery storage solutions for marine applications to be compatible with Siemen’s ELFA Hybrid drive marine propulsion system. I for one look forward to the day when battery powered boats are the norm. Gasoline powered boats are highly inefficient and big polluters of lakes, rivers and oceans… that includes noise pollution from jet skis!
Robert L. Kanode, CEO of Valence said, … Read the rest