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East Penn buys into lithium-ion market in bid to expand motive power offering

Fri, 08/16/2019 - 12:00 -- Paul Crompton
East Penn buys into lithium-ion market in bid to expand motive power offering

North American lead-acid giant East Penn Manufacturing has reaffirmed its intention of moving into the lithium-ion market with the purchase of a majority interest in Navitas Systems.

The move allows East Penn to expand its motive power battery offering and  ‘strategic integration’ into other market segments in a bid to provide a wider range of energy storage system solutions.

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