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Largest Ever Order of Batteries for Road-Going Vehicles
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Valence Technology, Inc. has announced it has entered into a contract with The Tanfield Group Plc to manufacture and supply safe, Lithium Phosphate energy storage systems to power zero emission, all-electric commercial delivery vehicles.
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The Valence battery systems will be installed in leading-edge vans and trucks produced by Tanfield’s UK-based trading division, Smith Electric Vehicles, the world’s largest manufacturer of electric vans and trucks.
Under the agreement, Tanfield will purchase up to $70 million of Valence products in the contract’s first phase and Valence has already received a firm purchase order for the first calendar quarter.
The agreement will also result in Tanfield becoming the first volume customer for Valence’s third generation Lithium Phosphate Epoch™ technology, a battery system equipped with an advanced management system that monitors and automatically adjusts cell performance so battery packs operate at their optimum performance capacity. Epoch benefits include a fail-soft capability that is designed to eliminate system failure caused by a single cell and to have a life cycle comprised of more than 2000 charge cycles when deep discharged in demanding electric vehicle applications.
“The Valence Epoch System which we introduced at the December 2007 EVS-23 show has the potential to move the industry closer to the tipping point when EVs and plug-in HEVs will be broadly adopted and deployed,” said Robert L. Kanode, president and CEO of Valence. “We believe that Valence is the first Lithium Phosphate battery producer to have the sourcing and manufacturing capability and start-to-finish infrastructure to immediately ship safe, reliable, Lithium Phosphate energy storage systems in the quantities demanded by the electric vehicle market. For the past six months we have been working to scale up our proven operational capabilities to meet anticipated demand.”
Darren Kell, Chief Executive of The Tanfield Group Plc, said “We are constantly looking for new, cost-effective technologies that can improve our zero emission commercial electric vehicles and broaden our customer base. The Valence battery pack is an efficient, inherently robust and reliable system that gives us greatly increased flexibility in vehicle design.”
Tanfield launched the first of its new generation of Smith zero-emission commercial vehicles in December 2006 and has quickly developed a wide customer portfolio across the UK and mainland Europe, including Sainsbury’s Online, the Royal Mail, TNT Express, Carlsberg, Balfour Beatty, Amey Construction and DHL Exel Supply Chain. Smith launched its first United States-specific vehicle at EVS-23 in California in December 2007.
Under the agreement, Tanfield will purchase up to $70 million of Valence products in the contract’s first phase and Valence has already received a firm purchase order for the first calendar quarter.
The agreement will also result in Tanfield becoming the first volume customer for Valence’s third generation Lithium Phosphate Epoch™ technology, a battery system equipped with an advanced management system that monitors and automatically adjusts cell performance so battery packs operate at their optimum performance capacity. Epoch benefits include a fail-soft capability that is designed to eliminate system failure caused by a single cell and to have a life cycle comprised of more than 2000 charge cycles when deep discharged in demanding electric vehicle applications.
“The Valence Epoch System which we introduced at the December 2007 EVS-23 show has the potential to move the industry closer to the tipping point when EVs and plug-in HEVs will be broadly adopted and deployed,” said Robert L. Kanode, president and CEO of Valence. “We believe that Valence is the first Lithium Phosphate battery producer to have the sourcing and manufacturing capability and start-to-finish infrastructure to immediately ship safe, reliable, Lithium Phosphate energy storage systems in the quantities demanded by the electric vehicle market. For the past six months we have been working to scale up our proven operational capabilities to meet anticipated demand.”
Darren Kell, Chief Executive of The Tanfield Group Plc, said “We are constantly looking for new, cost-effective technologies that can improve our zero emission commercial electric vehicles and broaden our customer base. The Valence battery pack is an efficient, inherently robust and reliable system that gives us greatly increased flexibility in vehicle design.”
Tanfield launched the first of its new generation of Smith zero-emission commercial vehicles in December 2006 and has quickly developed a wide customer portfolio across the UK and mainland Europe, including Sainsbury’s Online, the Royal Mail, TNT Express, Carlsberg, Balfour Beatty, Amey Construction and DHL Exel Supply Chain. Smith launched its first United States-specific vehicle at EVS-23 in California in December 2007.
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