Greek lead-acid battery maker Sunlight is entering the electrical industrial vehicles (eIVs) market with the launch of a “smart lithium batteries” line.
Sunlight said the debut of its ‘Li.On Force’ product follows “a multi-year intensive research plan” to produce batteries “that combine the advantages of batteries featuring lithium technology” with applications of Internet of Things technology.
A battery management system relays performance and other data in real time to a Sunlight control centre via the Cloud.
CEO Vassilis Billis said the company’s introduction of a new line was driven by “the intensely positive progress in the field of eIVs, where lithium batteries can be applied”.
Sunlight’s move comes after the company, part of the Olympia Group, received a €12.5 million (US$14.2m) financial shot in the arm from the European Investment Bank to expand manufacturing and develop new products.