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American Battery Solutions, an advanced battery systems company, signed a MoU with Toshiba International Corporation to develop and deploy fast charge and high-power battery systems using lithium titanate (“LTO”) cells.

Details are provided below:

  • ┬ĽAs per MoU Toshiba will be preferred supplier of LTO cells to ABS
  • ABS is developing a portfolio of battery modules and packs with Toshiba cells for rapid integration into custom battery systems to serve the growing industrial sector
  • The battery systems will be engineered tested and validated by ABS at its Michigan technical center, USA
  • “This deal, together with our other cell partnership for high energy cells with a leading Korean supplier, enhances our portfolio of energy storage solutions tailored to customer needs and optimized for application requirements,” said Ivan Menjak, Vice President of Business Development at ABS.

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