Oakridge Global Energy Solutions Announces Joint Venture With Japan’s Toyo-System

September 7, 2016

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Oakridge Global Energy Solutions (OTCMKTS:OGES), a leading U.S. based manufacturer of Lithium-ion smart energy cells for military, civilian and medical applications, today announced it has established a joint venture with Toyo-System of Japan for the design and manufacture of state-of-the-art battery management systems for its Generation 2 Smart Energy Cell range.

Steve Barber, CEO and Executive Chairman of Oakridge, said: “Our joint venture with Toyo-System of Japan further extends the important strategic alliances with our Japanese partners as part of our commitment to excellence in the pursuit of world-leading technologies for incorporation into our game-changing Generation II Smart Energy Cells. Toyo-System is a leader in providing innovative solutions for the Lithium Ion battery market, and this new relationship will enable us, together, to design and manufacture the highest quality battery management systems for our Smart Energy Cells which optimize their functionality and performance. It greatly enhances Oakridge’s ability to deliver a world-class, cutting-edge product.”

Hideki Shoji, President and Founder of Toyo-System, commented: “We are delighted to work with the Mr. Barber and the team at Oakridge, and use our expertise of more than 25 years in developing cutting edge technologies for our partners in the battery industry, to enable Oakridge to develop battery management systems that facilitate outstanding high performance from its smart energy cells based on its innovative new approach to the industry. We look forward to a long and mutually profitable relationship with Oakridge because it is in keeping with our global perspective and motto of creative design and manufacturing at the forefront of Lithium Ion battery technology.”

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Category: Energy