October 17, 2023 – Green Cubes Technology, a leader in producing Lithium-ion (Li-ion) power systems that facilitate the transition from lead acid batteries and internal combustion engine (ICE) power to green Li-ion battery power, today announced it is celebrating 10 years of motive power technology leadership for material handling and ground support equipment.
For more than 35 years, Green Cubes has been on the forefront of electrification innovations and this marks 10 years of success with its flagship suite of Lithium SAFEFlex Battery solutions designed to meet the cost, performance, efficiency and durability requirements of the rugged warehouse, distribution and airport environments.
Lithium SAFEFlex industrial lithium battery systems are designed as drop-in replacements for traditional lead acid batteries. They eliminate the need for watering and battery swaps and increase equipment up-time with fast opportunity charging.
With a lower total cost of ownership for electric equipment, industrial companies can capture cost-saving and greenhouse gas emission-reduction opportunities by planning the electrification of their operations, while increasing overall productivity. According to Allied Market Research, the forklift battery market is projected to reach $7.4 billion by 2026, growing at a CAGR of 7.04 percent. Green Cubes is poised to be an integral part of these projections.
“As a pioneer in the Motive space for over a decade, Green Cubes has provided the industry with the solutions to modernize and optimize material handling power with Lithium SAFEFlex, our Lithium-ion battery power system that has dual benefits of improved ROI (Return On Investment) and decreased environmental impact,” said Michael Walsh, chief executive officer for Green Cubes. “We will continue to invest in technology innovation and manufacturing excellence while expanding our service and customer application infrastructure. For 35 years we’ve made a positive impact on the Indiana economy and will continue to do so as we expand our footprint in Kokomo, creating more jobs in clean energy.”
Green Cubes recently added a 36,000-square-foot facility to produce Lithium SAFEFlex batteries and house engineering and service talent to support customer applications. Additionally, Green Cubes established a new Technology Center in Switzerland, to focus on product innovation. Together these teams are working to improve technology and service offerings based on a decade of field learning and experience.
