Zincfive and Econolite expand partnership to deliver advanced power solutions to the transportation market.
Effective, Econolite will have worldwide rights to manufacture, sell, and service ZincFive’s industry-leading nickel-zinc based UPS technology to the intelligent transportation market. (Graphic: Business Wire)
ZincFive®, the world leader in nickel-zinc (NiZn) battery-based solutions, announced an agreement to license its nickel-zinc based UPS technology to Econolite, part of Umovity and the leader in One-Stop-Shop advanced traffic management solutions.
Effective, Econolite will have worldwide rights to manufacture, sell, and service ZincFive’s industry-leading nickel-zinc based UPS technology to the intelligent transportation market. Previously, Econolite was ZincFive’s leading distributor in North America.
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Tim Hysell, ZincFive CEO and Co-Founder said:
ZincFive is excited to partner with Econolite to expand the availability of our safe, reliable, and sustainable technology.
“This partnership is founded on our common vision for a green, efficient future for the intelligent transportation industry. We are determined to use this vision as a catalyst for expanding accessibility and further adoption of our technology.”
Christian U. Haas, Econolite’s CEO, stated:
We are thrilled that ZincFive has chosen to expand our partnership, reaffirming their trust in Econolite’s ability to deliver on a global scale.
“This underlines our mission to improve mobility for humanity through advanced technology worldwide.”
About ZincFive, Inc.
ZincFive is the world leader in innovation and delivery of nickel-zinc batteries and power solutions. Supported by an impressive portfolio of international patents, ZincFive technology harnesses The Power of Good Chemistry™ to propel the world forward.
ZincFive technology leverages the safety and sustainability of nickel-zinc chemistry to provide unparalleled high-power density and performance for mission critical applications. ZincFive is a privately held company based in Tualatin, Oregon. For more information, visit www.zincfive.com.
ZincFive and Econolite Expand Partnership to Deliver Advanced Power Solutions to the Transportation Market, Oregon, October 31, 2023
