Lithium Werks and Endrich agree to pan-Asian battery distribution deal
Battery and portable power solutions group Lithium Werks B.V. has signed a strategic distribution agreement with Taipei, Taiwan-based distributor Endrich Co., Ltd to bolster its support for Asian customers.
-Demand for lithium batteries from Asian customers has been strong for a long time, but even so, we’ve seen nothing yet. We expect an enormous uptick in demand in the years ahead,- said T. Joseph Fisher III, CEO and co-founder of Lithium Werks.
-With its unrivalled knowledge of Asian markets, Endrich is a trusted supplier to a number of tier-one ODMs (original design manufacturers) and OEMs (original equipment manufacturers).
-Together, we will continue to develop ever closer relationships with customers in markets such as Taiwan, Japan, South Korea and, not least, China, where we are preparing to build a lithium battery giga factory,- he said.
-I have known Endrich for a long time, so I already know that this partnership will be beneficial, not only for them and for us, but also for our manufacturing and development customers, and therefore it will benefit consumers too,- Mr. Fisher said.
-Our tier-one ODM and OEM customers are impressed with Lithium Werks’ ability to deliver long-lasting, safe and reliable battery solutions that are not only lighter and smaller than those offered by other companies, but often more cost-effective too,- said Olivia Chang, CEO, Endrich.
-Lithium Werks is already a world leader in Lithium Iron Phosphate cells, modules and scalable power systems, to name but one area of strength,- she said.
-This partnership will forge even closer relationships with tier-one ODMs and OEMs, and as we grow together, I am convinced that Lithium Werks’ R&D (research and development) teams will continue to come up with revolutionary solutions,- she said.
Lithium Werks specialises in Lithium Iron Phosphate technology, a lithium-ion chemistry that offers high thermal and chemical stability and is seen as the safest lithium-ion technology available today. The strategic cooperation builds on an existing relationship that has now become even stronger.
