Lithium based battery packs
Trojan Battery and Palladium Energy form strategic alliance to offer lead-acid customers lithium-based battery packs.
Santa Fe Springs, Calif.—Trojan Battery Co. and Palladium Energy have formed a strategic alliance to develop lithium-based battery packs for a broad range of industries. The partnership will offer Trojan’s lead-acid customers lithium-based solutions in a variety of form factors to address specific portable and backup power application requirements.
Together, the companies will explore the development of lithium-based battery packs for use in Trojan’s key market segments, which include renewable energy, transportation, floor machine, aerial work platform, marine and recreational vehicles.
This strategic partnership enables Trojan to expand its portfolio of battery offerings to meet evolving customer demands for applications requiring lithium-based technology. The combination of Palladium’s expertise in cell technology, design engineering and testing with Trojan’s more than 85 years of lead-acid battery engineering capabilities enhances collaborative efforts to develop lithium-based battery packs under the Trojan brand.
“As industry leaders in the development of innovative battery technologies, the partnership between Trojan and Palladium will allow us to provide the market the most advanced battery solutions to support the evolving needs and demands of Trojan customers,” said Mat Segal, senior vice president of global business development at Trojan Battery Co. “Broadening Trojan’s product portfolio to include lithium-based solutions also better enables the company to expand Trojan’s reach into new and evolving industry segments worldwide.”
The market demand for lithium-based battery solutions continues to grow as emerging market segments, such as renewable energy, take hold. Traditionally used in portable consumer electronic devices, advances in lithium-based battery packs now enable the use of smaller, lightweight footprints with increased energy density in a broad range of applications that require primary or back-up battery power.