PotisEdge and Lion Power Form Strategic Partnership for Innovations in Energy Solutions
PotisEdge and Lion Power: A New Era in Energy Solutions for Material Handling
Introduction
In a landmark agreement revealed at the RE+ 2025 event, PotisEdge, a global leader in energy storage systems, has teamed up with Lion Power, renowned for developing autonomous energy management systems. This strategic partnership aims to innovate energy supply solutions tailored specifically for the material handling sector across North America. The collaboration signifies a mutual commitment to meet the evolving energy needs of this critical market segment.
Strengthening a Long-standing Partnership
The recent agreement builds on years of successful collaboration between PotisEdge and Lion Power. The two companies have consistently demonstrated a synergistic relationship, respecting each other's technological advancements and contributions to market expansion. This new partnership seeks to amplify their joint efforts, targeting an annual increase in sales in a significant market that features over one million forklifts in operation. By solidifying their relationship, both parties aim to unlock further opportunities for growth and development in energy supply solutions.
Pioneering Market Presence in North America
With this agreement, PotisEdge will provide advanced intelligent battery management systems aimed at material handling machines in North America. Leveraging Lion Power's award-winning autonomous energy management system (APM), the partners plan to deliver over 10,000 battery systems annually to the North American material handling market. Addressing current challenges in forklift energy supply, this collaboration will enhance both companies’ competitive positioning within the energy battery marketplace, establishing a strong foothold for sustainable growth across the region.
Amplifying Local Production Efforts
In addition to addressing customer needs, this partnership will significantly bolster PotisEdge's localization initiatives within the North American market. This includes efforts such as establishing regional production facilities, providing customized support systems, and optimizing material transport logistics. These strategies are designed to ensure operational stability and responsiveness to customer demands, laying the groundwork for ongoing success in North America.
Addressing Industry Challenges Through Innovation
The forthcoming collaboration will focus on deploying high-efficiency power batteries and energy storage solutions specifically engineered to mitigate essential customer concerns such as operational efficiency, total cost of ownership, and sustainability mandates. By merging PotisEdge's cutting-edge technology with Lion Power's market-leading autonomous energy management solutions, the two organizations are poised to enhance their competitive advantages within the evolving energy sector dedicated to material handling.
Expertise and Future-ready Solutions
Equipped with over a decade of expertise in core energy technologies, PotisEdge has implemented its solutions internationally, attesting to its significant capability in the battery power technology domain. With a leading 65% market share in global electrification for airport specialty vehicles, this reputation underscores the reliability and applicability of PotisEdge’s offerings. Furthermore, the partnership is projected to double the annual revenue volume, reflecting a robust growth momentum and shared vision to transform energy supply paradigms within the material handling industry.
Information on Lion Power, LLC
Founded in 2020 and based in Greenville, South Carolina, Lion Power is the developer of the world’s first autonomous energy management system (APM) catered to the material handling sector. Honored with numerous industry accolades, including the prestigious “Product of the Year” award from Plant Engineering, Lion Power is redefining battery power management solutions for forklifts.
Information on PotisEdge
Headquartered in Vancouver, Canada, PotisEdge is a globally recognized leader in energy storage system (ESS) integration. Rated a Tier-1 ESS provider by BloombergNEF and ranked among the top three ESS integrators globally by InfoLink in 2024, PotisEdge boasts over 13 years of expertise in the industry. By utilizing patented technologies and adhering to automotive-level manufacturing standards, PotisEdge delivers powerful and sustainable solutions. The company has wholly-owned subsidiaries across locations including the USA, Sweden, Australia, and more. Currently, PotisEdge carries a production capacity of 31 GWh, with aspirations to exceed 100 GWh by 2028.
Conclusion
The collaboration between PotisEdge and Lion Power not only marks a significant milestone in their journey but also highlights a collective aim to push the boundaries of energy supply solutions for the material handling industry. With their combined expertise and commitment to innovative technology, they are set to drive not only operational efficiencies but also sustainable growth in the evolving landscape of energy solutions.