U.S. and Canadian Partnership Dominates the North American Battery Market
Fort Mill, SC November 18, 2015 -- Industry-leading battery provider RELiON has extended its distribution network to encompass all of North America. RELiON and Canadian battery corporation Magnacharge have formalized an agreement that ensures Canada's lithium-ion battery needs are met.
With locations throughout Canada, Magnacharge takes the growing demand for lithium-ion batteries across the country head-on. Lithium batteries are used more and more each day due to their "green" reputation, safety and high energy density. Potential markets and applications for lithium batteries are endless.
"The partnership with the Magnacharge team was a natural for me," says Paul Hecimovich, CEO of RELiON. "I have worked closely with the owners and managers at Magnacharge on many projects. Our business dealings span more than 20 years. RELiON is committed to being the dominant lithium battery in North America, and partnering with a great company and great people will allow us to do that."
Justin Bakhsh, Vice President at Magnacharge, also stated, "We are excited to partner with the RELiON team to offer lithium battery products to the Canadian market. RELION offers the consumer a proven, premium option for applications that require advanced battery technology to get peak performance and longer life. We are expecting to see an increase in demand and are excited to be the primary source to the lithium battery market in Canada. Consumer response and field testing in various applications has been beyond our expectations. This will complement our nationwide distribution network of premium battery products and also complements our extensive product range."
The lithium battery market is projected to grow exponentially in the coming years. It is estimated the market's value will near $60 billion by 2020.
RELiON offers leading products to power almost every battery application. With hundreds of patents backing their products and a network of more than 300 engineers, RELiON's growth is an unmistakable force within the battery industry.
RELiON, a principal lithium battery provider based in South Carolina, delivers the benefits of lithium battery technology to a global market. Our full range of concierge services and high-quality products continues to pave the way forward to a greener and more efficient future for energy storage. For more information on RELiON, visit http://www.relionbattery.com.