Trojan Battery & Palladium Energy Partner to Develop Lithium-Based Battery Packs
September 20, 2011 (Santa Fe Springs, CA) - Trojan Battery Company, the world's leading manufacturer of deep-cycle batteries, and Palladium Energy,
a leading manufacturer of custom lithium-based battery packs, have
formed a strategic alliance to develop clean energy battery solutions
for a broad range of industries. Together, the companies will explore
the development of lithium-based battery packs for use in Trojan's key
market segments which include renewable energy, golf, 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
Company. "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.
"By partnering with an industry leader such as Trojan, Palladium can
produce battery packs for a wider variety of market segments," said Art
Salyer, president and chief executive officer for Palladium Energy. "The
world's leading original equipment manufacturers and contract
manufacturers already trust Palladium's power solutions, but this
partnership will catapult our company into new and emerging verticals
and medium and large format applications, allowing us to have an even
larger role in powering the world with green technology."
About Trojan Battery Company
Trojan Battery Company is the world's leading manufacturer of
deep-cycle batteries and a longtime battery technology pioneer, having
built the first golf car battery in 1952. Trojan batteries provide power
for a wide variety of renewable energy, industrial, recreational and
auxiliary power applications. Founded in 1925, the company is ISO
9001:2008 certified with operations in California, Florida and Georgia,
and maintains two of the largest and most extensive research and
development centers in North America dedicated to engineering new and
advanced battery technology. For more information visit www.trojanbattery.com.
About Palladium Energy
Palladium Energy, founded in 1974 as TDI Batteries and most formerly
Tyco Electronics Battery Systems, is a leading provider of
high-performance custom battery packs for consumer electronics, medical,
telematics and smart grid devices with manufacturing facilities in the
United States, Brazil and China. Palladium pairs proven lithium-based
battery pack technology with innovative and flexible engineering,
testing and manufacturing capabilities to meet any power challenge –
keeping customers always A Solution Ahead. For more information, please
visit www.palladiumenergy.com. Follow Palladium on Twitter or click here to read the company blog.
Trojan Battery and Palladium Energy Partner to Develop Lithium-Based
Strategic Alliance will Offer Lead-acid Customers Lithium-based Solutions
- Industry leaders, Trojan Battery Company and Palladium Energy, form strategic alliance to develop lithium-based battery packs.
- 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.
- The strategic alliance will expand market opportunities for both
companies, including renewable energy, golf and recreational vehicles
Trojan Battery Company
Anna Ruth Williams