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Valence Technology, Inc. develops, manufactures, and sells energy systems utilizing its proprietary phosphate-based lithium-ion technology. The company primarily offers U-Charge energy storage system, a family of products based on proprietary lithium iron magnesium phosphate technology; and custom lithium phosphate energy storage systems. Its products are used for various applications, such as all-electric and hybrid personal transporters, commercial fleet delivery vehicles, mass transit buses, floor cleaners, forklifts, medical carts, defibrillators, wheelchairs, robotics, hybrid yachts, and ocean going tug boats, as well as for back-up power applications. The company was founded in 1989 and is headquartered in Austin, Texas. As of February 7, 2018, Valence Technology Inc. operates as a subsidiary of Lithium Werks B.V.
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