AUSTIN, Texas and ENSCHEDE, The Netherlands, Dec 23 (Bernama-GLOBE NEWSWIRE) — Lithium Werks, a global leader in Lithium Iron Phosphate cell manufacturing, technology, and intellectual property, announces that it has sold its Valence™ module and BMS assets to Lithion Power Group, a vertically integrated manufacturer of cells and rechargeable and non-rechargeable battery packs.
As a result of the sale, Lithium Werks will concentrate intensely on continuing to develop its “Best in Class” Nanophosphate™ materials, cell production, custom OEM solutions, increasing R&D, and further expanding and strengthening its Lithium Iron Phosphate (LFP) cathode patent portfolio.
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