Lithos Opens Battery Facility in Silicon Valley

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">HAYWARD<&sol;span><&sol;span> <&sol;strong>&&num;8212&semi; Lithos Energy Inc&period;&comma; a leading manufacturer of high-performance lithium-ion battery systems&comma; has opened a state-of-the-art manufacturing and pilot line facility for its latest generation of batteries&period;<&sol;p>&NewLine;<p>The 65&comma;000 square foot engineering facility is located in <span class&equals;"xn-location">Hayward<&sol;span>&period; This new facility will feature enhanced pack assembly automation and will manufacture&comma; at scale&comma; Lithos&&num;8217&semi; high-performance and high-durability battery pack systems&period; The facility will also serve as the model for planned co-located commercial scale factories that are to be in proximity to customer manufacturing facilities&comma; both domestically and internationally&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We&&num;8217&semi;re thrilled to open our state-of-the-art <span class&equals;"xn-location">Hayward<&sol;span> facility&comma;&&num;8221&semi; said <span class&equals;"xn-person">Chris Gross<&sol;span>&comma; Vice President of Operations at Lithos&period; &&num;8220&semi;Our new location immediately provides increased capacity coupled with the highest standard of manufacturing quality that Lithos is known for&period; Furthermore&comma; this site allows for advanced manufacturing and efficient R&amp&semi;D&comma; as well as proximity to leading talent recruitment in the heart of Silicon Valley&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Lithos recently <u>announced<&sol;u> the debut of its latest generation of high and low voltage modular lithium-ion battery systems&period; This innovative product line will serve a range of end markets undergoing electrification that require systems that excel in demanding environments&comma; notably in EV&comma; mining&comma; marine&comma; construction&comma; agriculture&comma; transportation&comma; and off-highway&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We are on a high growth trajectory and our new location is an important hub in creating the necessary manufacturing efficiencies for our battery systems&period; A new client can reach mass production with Lithos&comma; in many cases&comma; in as soon as eight months&comma;&&num;8221&semi; said <span class&equals;"xn-person">James Meredith<&sol;span>&comma; President of Lithos&period; &&num;8220&semi;Our Hayward facility will immediately allow us to meet the development needs for clients around the globe&comma; while simultaneously creating the blueprint for future facilities with significant capacity&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Lithos serves a range of customers in automotive&comma; e-mobility&comma; marine&comma; off-highway&comma; energy storage&comma; defense&comma; construction&comma; mining&comma; and agriculture&period;<&sol;p>&NewLine;