iQ International AG Battery Distributions Expand in North America
Zug/Switzerland - 31 July, 2019 – The Swiss based battery producer, iQ International AG (ISIN CH0451424300 / WKN A2PAA5 / Symbol IQL), has received the initial orders at its Italian battery plant, SIA (S.I.A. Industria Accumulatori S.p.A.) by its US Distributor, EcoVolt Power Corporation - www.ecovoltpower.com. Among the customers supplied by EcoVolt are Meineke, Jiffy Lube and Midas. The first batteries from SIA delivered to the USA with the award-winning innovative 360º Mixing™ technology are planned to be shipped in September 2019.
“EcoVolt is looking forward to receiving our first shipment of 360o Mixing™ batteries from IQ International’s SIA operations. The 360º Mixing™ batteries are seen here in the North American market as providing substantial value add to our customers and consumers alike”, says Mark E. Leininger, CEO of EcoVolt Power Corporation.
“We are seeing significant interest and demand for batteries with our 360º Mixing™ technology from distributors, auto part suppliers, fleet managers and vehicle manufacturers. After market suppliers and vehicle manufacturers are looking for cost-effective solutions to meet the higher demands being placed on battery performance by modern vehicles. The iQ International batteries with our proprietary technology are one of the most cost-effective ways to address the increasing performance demands in batteries today. 360º Mixing™ is becoming widely recognized as an important solution to meet customer expectations”, says Kevin T. Loman, CEO of iQ International AG.
About iQ International AG
iQ International AG is listed on the Berlin Stock Exchange Open Market segment and is a Sustainable Technologies Company that manufactures and distributes highly efficient lead acid batteries mainly for the global automotive and storage markets. Its award-winning innovative technology is used to create superior long-lasting OEM approved Starting-Lighting-Ignition (SLI) batteries. Batteries with iQ International AG technologies are designed to generate better performance in today’s highly electrified vehicles, particularly vehicles with Start-Stop applications. The circular 360º Mixing™ technology is the first significant innovation to the flooded starter battery in decades. Automatic mixing of electrolyte inside the battery by passive mixing elements ensures uniform acid density for higher sustained performance extending the life of the battery. The patented technology was awarded the coveted Automechanika innovation award 1st prize in 2010 and became a first prize winner of the GreenTec Awards in 2017. For more information, visit www.iqint.com.