PotisEdge and Lion Power Unite to Innovate Energy Solutions in North America
PotisEdge and Lion Power: A Strategic Alliance for Energy Innovation
In a significant move to bolster innovation in energy solutions within the material handling sector, PotisEdge, a global leader in energy storage systems, has announced a strategic partnership with Lion Power, a pioneer in autonomous power management systems. This agreement was signed at the RE+ 2025 event held in Las Vegas, marking a pivotal moment for both companies.
The partnership between PotisEdge and Lion Power aims to drive advancements in energy solutions tailored for the North American market, particularly in the realm of material handling. Both companies share a commitment to integrating cutting-edge technology to enhance operational efficiencies across the industry.
A Deep-Rooted Collaboration
This new agreement strengthens the long-standing relationship between PotisEdge and Lion Power. Over the years, both organizations have worked closely, appreciating each other's performance and contribution to market expansions. Their collaboration has led to a mutual decision to scale annual sales coverage significantly in a sector with over one million installed forklifts in North America. This agreement solidifies their dedication to working together and paves the way for future collaborations, promising benefits for both parties in the long run.
Breaking Ground in North America
Under the newly signed contract, PotisEdge is set to introduce advanced intelligent battery management systems specifically designed for material handling equipment in North America. Leveraging Lion Power's esteemed technology, the partnership aims to supply over 10,000 battery systems annually. This collective effort will address the current energy management challenges faced by the forklift sector, enhancing both companies' competitive edge in the battery market.
Localization for Sustainable Growth
The alliance also focuses on enhancing PotisEdge's localization efforts within the North American market. This includes regional manufacturing, custom support systems, and optimization of material handling equipment. These initiatives will ensure operational stability and a quick response to customer needs, thereby laying a robust foundation for PotisEdge's continued success in the region.
Navigating Challenges Through Technological Innovations
The focus of the collaboration is on deploying highly efficient batteries and energy storage solutions that cater to customer needs, such as operational efficiency, total cost of ownership, and sustainability demands. By combining PotisEdge's advanced technology and Lion Power's leading energy management systems, both companies aim to enhance their competitive advantages in the rapidly evolving energy sector related to material handling processes.
Proven Expertise and Future-Focused Solutions
With over a decade of experience in essential energy technologies, PotisEdge's solutions are utilized globally. This rich experience showcases their advanced battery technology capabilities and engineering excellence. Their 65% market share in the global electrification of specialty airport vehicles highlights the reliability and applicability of their solutions. It is projected that the annual sales volume through the partnership with Lion Power will double, indicating robust growth potential and a shared vision for shaping the future of energy within the material handling sector.
About Lion Power, LLC
Lion Power is the creator of the first Autonomous Power Management system for global material handling markets. This innovative company is transforming how battery power is managed in forklifts, having received numerous accolades, including the Product of the Year by Plant Engineering. Founded in 2020 and based in Greenville, South Carolina, Lion Power is at the forefront of energy management technology.
About PotisEdge
Founded in Vancouver, Canada, PotisEdge is a world-renowned leader in energy storage systems integration. BloombergNEF recognized PotisEdge as a top energy storage system provider, and InfoLink ranked it among the top three global energy storage system integrators in 2024. With over 13 years of expertise, PotisEdge merges patented technologies with automotive industry manufacturing standards to deliver high-performance, sustainable solutions. The company has subsidiaries in Sweden, the USA, Australia, Singapore, and Hong Kong, with manufacturing plants in Suzhou, China, and Atlanta, USA, and aims to expand its production capacity from 31 GWh to over 100 GWh by 2028.
In conclusion, the partnership between PotisEdge and Lion Power is poised to significantly impact the energy storage market in North America, promising to create innovative solutions that enhance material handling efficiency while addressing sustainability challenges.