Econolite, part of Umovity and the leader in One-Stop-Shop advanced traffic management solutions, announced today that it has expanded its partnership with ZincFive (Portland, OR) to be the exclusive licensee for ZincFive’s nickel-zinc (NiZn) battery solutions to the global Intelligent Transportation System (ITS) market. As part of the license agreement, Econolite has worldwide rights to manufacture, sell, support, and service the industry-leading NiZn-based Uninterruptible Power Supply (UPS) and Battery Backup System (BBS) solutions in the ITS market.
“We are thrilled that ZincFive has chosen to expand our partnership, reaffirming their trust in Econolite’s ability to deliver on a global scale,” said Christian U. Haas, Econolite CEO. “This underlines our mission to improve mobility for humanity through advanced technology worldwide.”
“ZincFive is excited to partner with Econolite to expand the availability of our safe, reliable, and sustainable technology,” said ZincFive CEO and Co-Founder Tim Hysell. “This partnership is founded on our common vision for a green, efficient future for the intelligent transportation industry. We are determined to use this vision as a catalyst for expanding accessibility and further adoption of our technology.”