Lithion Battery
Developing and manufacturing highly differentiated Lithium Iron Phosphate and Lithium-Ion Battery Cells.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Early VC | ||
| Total Funding | 000k | ||
Lithion Battery specializes in the development and manufacturing of advanced lithium-ion battery technology. Serving a diverse range of clients including original equipment manufacturers (OEMs) and end-users, Lithion operates in the energy storage and transportation markets. The company's business model is vertically integrated, meaning it controls multiple stages of production from raw materials to finished products. This approach allows Lithion to offer a wide array of products such as primary and secondary battery cells, rechargeable and non-rechargeable battery packs, and battery modules. Lithion generates revenue through the sale of these products, leveraging its proprietary smart software and modular designs to meet high-demand applications. The company has recently expanded its manufacturing capabilities with a new 80,000 square foot facility in Henderson, Nevada, dedicated to cell and battery pack assembly. Lithion's commitment to sustainability is evident in its grid storage solutions for both residential and commercial use, aimed at reducing fossil fuel consumption.
Keywords: lithium-ion, energy storage, modular design, OEM, battery packs, grid storage, sustainability, Nevada facility, smart software, transportation.