The Ayala Way Vol. 5 No. 17
IMI to Build Electronics Systems for Lithos Energy Batteries
IMI CEO Art Tan and Lithos Energy CEO James Meredith shake hands after signing the strategic manufacturing agreement.
"This partnership aligns with our commitment to supporting world leading manufacturers in their growth and sustainability efforts while providing high quality manufacturing services. It will be our small but meaningful contribution in boosting our country’s economic recovery and help provide more jobs."
ARTHUR R. TAN
IMI CEO
Integrated Micro-Electronics, Inc. (IMI) and California-based Lithos Energy, Inc., a world leading manufacturer of high-performance lithium-ion battery systems engineered for demanding environments, announced on February 29 that they have forged a partnership to build electronics systems for the latter's family of battery products in the Philippines.
The strategic manufacturing collaboration involves design for manufacturability to ensure high volume consistency, manufacturing of printed circuit boards, box builds and the solid global footprint that will allow regional expansion in the marketplace. Mass production is projected to start in the fourth quarter.
“We are very pleased to have found the right partner in IMI," said Lithos Energy CEO James Meredith. "Their manufacturing experience and proven performance with electrified products will further accelerate Lithos’ capacity expansion. We’re excited to launch this relationship and, together, build a cleaner electrified future for the construction, mining, marine and off-road industries."
In 2023, Lithos Energy launched its latest generation of high-voltage and low-voltage battery pack solutions in its state-of-the-art production facility in Silicon Valley. The company manufactures various battery packs and is developing the next generation technology for industry-leading original equipment manufacturers (OEMs).
IMI continues to drive collaborative partnerships while enabling sustainable solutions with its experience and expertise.
About the author
Knowledge Management (1)
AC Knowledge Management is responsible for enterprise content management, archives management, and the development of knowledge products and services in Ayala. KM produces books on corporate history and business developments and publishes the groupwide internal communications channel, The Ayala Way.