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

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.