Valence Technology
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| Private | |
| Industry |
Electric buses Energy storage UPS Marine |
| Founded | 1989 |
| Headquarters | Austin, Texas |
| Products | Lithium ion battery packs |
| Revenue |
 US$ 45.88 million (2010) |
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US$ 36.44 million (2010) |
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US$ 9.4 million (2010) |
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Number of employees
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433 |
| Website | www |
Valence Technology, Inc. develops and manufactures lithium iron phosphate cathode material as well as lithium ion battery modules and packs. The modules come in 12 V, 18 V, 24 V, and 36 V configurations. Their modular design allows systems to be created up to 800 VDC and thousands of ampere-hours of capacity. Valence's products are used in electric vehicle and plug-in hybrid electric vehicles (PHEVs) such as cars, scooters, motorbikes, and commercial vehicles such as buses, delivery vans and trucks. Valence batteries are also used in wheelchairs, medical carts, robotics, marine, rail, as well as stationary applications such as remote power, uninterruptible power supply (UPS), energy storage systems, frequency regulation and switching gear.
Founded in 1989 as a research and development company by Lev Dawson Valence has its headquarters in Austin, Texas, and facilities in Las Vegas, Nevada, Mallusk, Northern Ireland, and Suzhou, China. Valence is currently owned by Berg and Berg Enterprises.
The company holds an extensive, international patent portfolio of issued and pending lithium phosphate patents. Valence manufacturers its cathode material and packs in two wholly owned subsidiaries Valence Energy Tech in Suzhou, China.
Companies deploying Valence's battery technology include:
In 2009 Valence has signed development agreements with Siemens to develop interfaces for hybrid applications in the marine market, and with S&C Electric to develop solutions for the stationary energy storage market
In 2004 Valence was honored as a Top 100 Innovator by Red Herring, chosen for the high-performance, safe, low-cost and environmentally friendly attributes of its energy storage solutions.
Valence began to focus on Europe about two years ago, when it realized that automakers there already were launching electric delivery vans and hybrid buses, CEO Bob Kanode said. "We were looking for a market where we could sell and we found Europe, with its incredible designs and very strong government and public support," he said. "[Europeans] are absolutely dedicated to alternative-energy solutions and view this [electric vehicles] as maybe their last opportunity to make a difference in the automotive sector."
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Wikipedia