Valence Technology, Inc. (VLNC) Ships its 200,000th Battery, Recognizes itself as the Leading Worldwide Supplier of Lithium Phosphate Energy Storage Systems
Valence Technology, Inc. announced this morning that it has celebrated a substantial company milestone – the shipment of 200,000 Valence batteries since 2005. The company’s battery 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. "As this milestone demonstrates, we believe that Valence is the number one worldwide supplier of lithium phosphate energy storage systems," stated Robert L. Kanode, President and CEO of Valence. "In addition, our recent supply agreements confirm that Valence's safe chemistries, robust intellectual property and customized solutions meet…