Austin, Texas, Valence Technology announced today that single, double mini-bus and bus manufacturing, a global leader in Optare PLC have signed an exclusive supply agreement for three years. Valencia Optare has designated its latest zero-emission bus – Optare Solo all-electric EV (Electric Vehicle) – The exclusive supplier of the battery. Valence Technology of the supply agreement will provide as many U.S. dollars 3.8 million sale of a battery system.
Valence Technology President and CEO Robert L. Kanode said: “Valencia is specified as the exclusive supplier of battery dynamics confirms the quality of our energy system and proven performance. More car manufacturers choose to help them achieve Valence Technology Vision” Clean Urban Transport. thank you to the Environment Fund of the British Government Bus (Bus Green Fund), manufacturers of cars are working to meet strict limits on carbon emissions, while on the road that crosses the zero-emission fleet more laissez passers-by to breathe cleaner air. ”
Optare Solo bus EV uses a 600 V Valence Technology U-Charge? Studio 1436 battery , Studio 1535 battery , System of lithium phosphate power the electric transmission system. Valence Technology sophisticated battery is installed in the drive system mounted on each side, provided that the total capacity of 85 kWh, and can travel through the brake while charging, but also by the station, plug-in of Power for the charging period.
And compared to traditional fuel vehicles, Optare Solo EV electric vehicle for routine annual maintenance savings for local governments.
About Valence Technology, Inc.
Valence Technology, Inc. is developing safe, durable lithium iron phosphate, magnesium energy storage solutions, the global leader in the world’s most innovative and environmentally friendly features provide support for applications technology. Valencia was founded in 1989 and has now been proved to provide the technical infrastructure and production to manufacture products with ISO certification, and provide the subject of a wide range of global portfolio of patents for the process production. Valence Technology is headquartered in Austin, Texas, consists of five strategic business units: the car battery, shipment of batteries, stationary batteries, industrial batteries, military batteries. In addition to its headquarters in Texas, Valence Technology Inc. has also established a research and development in Nevada in Northern Ireland to establish Europe / Asia-Pacific sales offices in North America and Europe with the center worldwide distribution. Valence Technology Inc. on the NASDAQ Capital Market under the symbol VLNC. vgp-bps8 ,vgp-bps9
About Optare PLC
Optare, based in Leeds, is a global manufacturer of cars and minibuses. Optare along on the company history of innovation being introduced for his weight loss drive system design and optimization of cars low-carbon fuel economy and emissions dioxide carbon calibration. Optare products with low carbon content to provide complete solutions, including diesel technology enhanced programs of alternative fuel, hybrid systems, and zero-emission electric drive system. The company has two manufacturing plants in northern England, the annual turnover of approximately 90 million pounds.