Enersys and Ioxus have entered a joint agreement to develop and market new products incorporating the core experience of both companies. The benefits will combine Enersys’s knowledge of batteries with Ioxus’s expertise in the ultracapacitor market.
The partnership will focus on bringing to market products related to regenerative braking and energy recovery in the material handling market markets, UPS bridge to generator markets, automotive and heavy truck critical and cold start markets, as well as energy storage/power conditioning markets.
“The combination of Enersys battery technology with Ioxus ultracapacitor technology will benefit many vertical markets in need of high-performance, extended energy storage life under harsh environmental conditions, including select automotive markets,” said Mark McGough, CEO of Ioxus.
John Gagge, Vice President of Enersys America's Reserve Power Sales and Service, said Enersys is pleased to be working with Ioxus to bring better solutions to its customer base. The joining of ultracapacitors with Enersys’s product portfolio will expand the markets for both companies and Enersys hopes to bring benefits to users in both stand-alone and hybrid applications.