As part of the collaboration, the parties will develop lithium-based battery packs for use in Trojan’s key market segments, which include renewable energy, golf, transportation, floor machine, aerial work platform, marine and recreational vehicles.

The combination of Palladium’s knowledge in cell technology, design engineering and testing with Trojan’s lead-acid battery engineering capabilities results in the development of lithium-based battery packs under the Trojan brand.

Trojan global business development senior vice president Mat Segal said the collaboration allows the companies to provide the market the advanced battery solutions to support the evolving needs and demands of Trojan customers.

"Broadening Trojan’s product portfolio to include lithium-based solutions also better enables the company to expand Trojan’s reach into new and evolving industry segments globally," Segal said.

Trojan is a manufacturer of deep-cycle batteries.

Palladium is a manufacturer of custom lithium-based battery packs.