Alelion Energy Systems AB (publ) signs a framework agreement with Toyota Industries Corporation
Alelion Energy Systems has signed a framework agreement with Japanese Toyota Industries Corporation, TICO, the parent company of the Toyota Industrial Group. Alelion has previously been a supplier of lithium-ion batteries to the European part of Toyota's truck business Toyota Material Handling Europe. The new agreement is a first step towards enabling the delivery of batteries to Toyota Material Handling trucks in other markets.Toyota Material Handling, TMH, is the market leader in forklifts and other material handling vehicles and sell their products globally under the brands Toyota,