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Winchester, UK - Developer of safe lithium phosphate energy storage solutions, Valence Technology, Inc. has finalized a supply agreement with ultra-efficient, lightweight vehicle manufacturer, Brammo, Inc.
Building on a collaborative development process, Valence will provide lithium phosphate batteries for installation in Brammo's Enertia all-electric motorcycle.
Weighing only 280 pounds, the Enertia motorcycle is an urban commuter bike that exceeds 50 mph and 45 miles on a single 3-hour charge. At approximately 40 cents per charge or about 1 cent per mile, the Enertia is positioned to be a green alternative for urban consumers. The Enertia standard model went on sale in 2008.
"Following the successful completion of $10 million in Series A funding, this supply agreement with Valence was critical as we move forward to bring our Enertia motorcycle to market next year," said Craig Bramscher, CEO of Brammo, Inc. "The battery is the enabling technology for our bike and Valence's chemistry provides both an amazing life cycle and inherent safety not found in other lithium-ion batteries. We have been testing and evaluating their solution for some time."
While modern motorcycles currently produce up to 15 times the emissions per mile as the average new car or light-duty truck, the Brammo Enertia emits no pollutants or carbon while riding, making it a zero-emissions vehicle. The lithium phosphate energy storage solutions supplied by Valence contribute to Enertia's low environmental impact. In addition to being fully recyclable, lithium phosphate is also intrinsically safer than other lithium chemistries and contains no heavy metals.
www.valence.com
www.brammo.com
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