Singaporean lithium-ion battery cell and pack manufacturer Durapower is looking for potential joint venture partners to set up a manufacturing facility in the US, as part of its global expansion plans.
In addition to manufacturing, Durapower develops battery technology research, owns and has established international collaborations to support the development of scalable and sustainable batteries. The company serves four major market segments last mile delivery fleets and commercial vehicles; specialty vehicles from industrial, port electrification and heavy vehicles to automated guided vehicles (AGVs); maritime vessels; and stationary energy storage systems.
Durapower also offers DP Pulse, a remote digital battery monitoring system, which combines machine learning models with big data to improve battery health visibility and support predictive maintenance to enable higher uptime.
“We believe that now is the right time to start planning our foray into the US market, an important market that may present abundant opportunities for our future growth plan. We look forward to exploring local partnerships in the US and expanding Durapower’s global manufacturing footprint and product presence,” said Kelvin Lim, Chief Executive Officer of Durapower.
Source: Durapower