June 3, 2021: Systems Sunlight, the Greece-headquartered lead and lithium battery maker and recycler, intends to spend the next two years developing its presence in the US with a series of mergers and acquisitions, the firm announced in April.
It would not elaborate on the deals it intends to make beyond saying it had ‘already secured 15 partnerships within the country’, and that its first step will be to open the firm’s first lead and lithium battery assembly hub in the US.
The hub, at a cost of $10 million, is a 9,750m2 facility in North Carolina with an annual capacity, the firm said, of ‘over 2GWh of lead and lithium technologies’.
“Having worked with local distributors across the US for the last nine years, the launch will aid Sunlight to better service existing and future customers and grow the US’ lead and lithium battery market with the introduction of new battery applications,” the firm said.
As well as lithium-ion batteries to target the logistics sector, the firm’s lead cells and batteries will be ‘a range specifically designed for the US market’, combining ‘the efficiency of tubular technology with BCI cell dimensions to ensure full compatibility and flexibility for all battery applications’.