OneCharge Announces Aftermarket Sales Agreement with Hyster-Yale Group, Inc.

OneCharge Inc.

OneCharge lithium batteries are now available through Hyster® and Yale® dealer network

Irvine, CA February, February 26, 2019 – OneCharge Inc. (www.onecharge.biz), a leading provider of lithium motive batteries for the material handling industry, announced today that it has signed an aftermarket sales agreement with Hyster-Yale Group, Inc. to sell OneCharge lithium batteries through authorized Hyster® and Yale® dealers.
 
 “Since the communication integration of OneCharge lithium batteries with Hyster and Yale electric lift trucks was completed last year, it is the next logical step to make these batteries easily accessible to our dealers and customers” said Sarah McLawhorn, Director Aftermarket Solutions for Hyster-Yale Group. “We take pride in our 20+ years of experience selecting valuable suppliers offering quality products to Hyster and Yale dealers and their customers through our one-stop shop philosophy and welcome OneCharge as our newest supplier”. 
 
“We’re excited to join Hyster-Yale Group’s aftermarket program as it will allow us to offer our solutions to many new customers and to provide better support to many of our customers who already enjoy OneCharge lithium batteries in their Yale or Hyster lift trucks” said Tim Karimov, President of OneCharge. “We have been focusing on promoting lithium batteries for use in the material handling equipment for over 6 years and are happy to see the growing acceptance of this technology in this market.”
 
OneCharge lithium batteries have full communications integration with Hyster® and Yale® electric lift trucks. The plug-and-play configuration allows a lithium battery to integrate seamlessly into the truck, retaining full functionality of the battery state of charge indicator and low battery warning system. “We see rapidly growing interest in and adoption of lithium-ion solutions among our dealer network and valued customers,” said Steven LaFevers, Vice President, Motive Power & Telematics.   “Offering this plug-and-play solution supports our vision and provides robust and advanced methods of motive power in the industry,” continues LaFevers.
 
Many companies in North America use OneCharge batteries. These clients work in food, manufacturing, distribution, 3PL, consumer packaged goods, and other industries. Every OneCharge battery features data processing module tracking numerous operational parameters. These data gathering capabilities coupled with highly-efficient communications infrastructure allows to acquire and analyze significant volumes of data further enabling value-adding services for the customers. Such services can range from daily usage reports to Energy as a Service (EaaS) offering, which is sometimes referred to as “power by the hour”.
 
OneCharge is working towards securing full UL Listing in Q1 2019. OneCharge batteries will be listed under UL standard 2580, which makes them also conform to the requirements for the UL583 standard for electric lift trucks.
 
About Hyster-Yale Group, Inc.
Hyster-Yale Group, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and aftermarket parts marketed globally primarily under the Hyster® and Yale® brand names. Subsidiaries of Hyster-Yale Group include Nuvera Fuel Cells, LLC, an alternative-power technology company focused on fuel-cell stacks and related systems, on-site hydrogen production and dispensing systems, and Bolzoni S.p.A., a leading worldwide producer of attachments, forks and lift tables under the Bolzoni Auramo and Meyer brand names. Hyster-Yale Group, Inc. is a wholly owned subsidiary of Hyster-Yale Materials Handling, Inc. (NYSE:HY). Hyster-Yale Materials Handling, Inc. and its subsidiaries, headquartered in Cleveland, Ohio, employ approximately 7,700 people worldwide.
 
About OneCharge Inc.
OneCharge is one of the largest developers, manufacturers and integrators of lithium-ion batteries for lift trucks in the United States. The company sells large quantities of industrial batteries for warehouse equipment. It successfully collaborates with several OEM market leaders. 
 
While competition is mainly focusing on R&D activities, OneCharge is commercializing lithium-ion battery technology. The company’s aim is to create easy and ready-to-use solutions for a wide range of industrial clients. This strategy has allowed the company to enter several markets quite rapidly.
 
OneCharge acts as a ‘change ambassador’ in relation to new technologies implementation. The company is continuously investing in technological development. It has been exploring new chemical compositions for batteries that could reduce the cost of the product while improving the operational characteristics. New developments are quickly implemented in the production process and are gradually becoming new benchmarks on the market.
 
The company does a lot to ensure that the maintenance of its batteries is as simple as possible. It has developed a special modular component system that allows streamlining service department training in order to accelerate the lithium batteries’ acceptance on the market.
 
For more information on how to partner with OneCharge please contact Mark D’Amato via email at m.damato@onecharge.biz or call him at (408) 582-3889. For more information on OneCharge Inc. please visit www.onecharge.biz.
                           
 

For more information please contact:

Jerry Mastroianni - East Coast Sales Manager
oneCharge Inc.
jerrym@onecharge.biz
(833) 895-8624 (w)
16600 Aston, Irvine, CA 92606

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