EnerSys® Shows Customer-driven Solutions at MODEX 2024

READING, PENNSYLVANIA, MARCH, 13, 2024 – EnerSys® (NYSE:ENS), the global leader in stored energy solutions for industrial applications, yesterday outlined its commitment to providing customers with solutions to achieve true optimization during an onsite press conference at MODEX 2024.

Opening with remarks from Lisa Hartman, Vice President Investor Relations & Corporate Communications at EnerSys, and the company’s President of Motive Power Global, Chad Uplinger, both leaders briefly commented on current market trends and customer challenges, how these trends have influenced product development and 2024 (FY25) growth initiatives for its Motive Power line of business.

“Helping customers tackle change and its subsequent challenges drives everything we do – from development of our advanced technologies, to how we align with OEMs on integration, to how we work with customers to identify and help achieve their goals,” said Uplinger. “Ultimately, our success rests on that of our customers – developing and offering optimized power solutions that enable them to address market headwinds and keep their operations productive and resilient.”

Noting some of the key market drivers mentioned by Chad Uplinger during the press conference, Harold Vanasse, Senior Director of Marketing, Motive Power Global at EnerSys, also discussed a few of the company’s newest solutions being showcased by EnerSys® at MODEX in booth B8032.

“Labor is a big challenge our customers have been facing – even before the pandemic. With a roughly 43% turnover rate in warehousing1, many customers are looking to become more resilient by automating their operations as much as possible,” said Vanasse. “To help achieve true automation, we are showcasing our NexSys® AIR wireless charger that eliminates the need for workers to monitor and maintain mechanical charging connections. While compatible with all our major battery technologies, it’s a perfect match with our NexSys® maintenance-free batteries to help AGV fleets operate more productively and autonomously.”

The NexSys® AIR wireless charger features contact-free charging pads - eliminating the maintenance and wear associated with physical connections. It integrates into a range of AGV applications with charging stations that can be installed in a variety of locations throughout facilities. Each NexSys® AIR wireless charger station offers intuitive touchscreen controls with added safety features that include Foreign Object Detection (FOD) and Live Object Detection (LOD).

“Between price volatility for fossil fuels and 67% of companies planning to hold supply chains responsible for environmental KPIs2, customers running outdoor fleets or specialized attachments are looking for alternatives to internal combustion engine powered equipment,” added Vanasse. “As a powerful option, we’re featuring our new 80-volt NexSys® iON battery and NexSys®+ Outdoor charger.  Whether alone or used together, these provide many traditional Class 4 and 5 internal combustion engine fleets the ability to go electric - reducing emissions and carbon footprint. In addition to being highly energy efficient, our entire line of maintenance-free NexSys® batteries does not require watering, which results in water savings as well.”

Designed for high-demand applications, the 80-volt version of the NexSys® iON battery offers the same UL2580 and ISO26262 ratings as the rest of the NexSys® iON line of batteries - providing rugged, dependable power for indoor / outdoor equipment and applications involving specialized attachments.

The new IP54-rated NexSys®+ Outdoor charger brings the advanced performance of the popular NexSys®+ charger to equipment operating at building material yards, airports, farms, rental facilities, ports, cargo terminals and other working environments exposed to the weather.

“We’re always trying to understand customer needs and apply a ‘total systems approach’ to achieving their goals. These new products expand our ability to apply that approach for customers deploying AGVs and electrifying outdoor equipment,” concluded Vanasse. “Our full array of options enables us to address a lot of our end-users’ application challenges – whether indoors or outside, human-driven or automated.”

EnerSys® representatives are onsite at MODEX 2024 in booth B8032 throughout the duration of this year’s show at the Georgia World Congress Center - answering questions about the company’s comprehensive portfolio of motive power solutions and helping customers start the process of achieving true optimization. EnerSys® will also be showcasing these same solutions at LogiMAT (stand 10B09) from March 19-21, 2024, at the Stuttgart Trade Fair Center in Stuttgart, Germany.

For more information about EnerSys® and its full line of products, systems, and support, visit www.enersys.com or contact your local EnerSys representative.

1Source: https://www.kanelogistics.com/blog/warehouse-labor-the-real-cost-of-warehouse-worker-turnover#:~:text=The%20latest%20figures%20from%20the,very%20least%2C%20%24365%2C500%20every%20year

2Source: https://www.forbes.com/sites/sap/2023/02/06/supply-chain-trends-2023-risk-resilience-beats-transformation-every-day-of-the-year/?sh=867fa6c81603

About EnerSys®

EnerSys is the global leader in stored energy solutions for industrial applications and designs, manufactures, and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. The company goes to market through four lines of business: Energy Systems, Motive Power, Specialty and New Ventures. Energy Systems, which combine power conversion, power distribution, energy storage, and enclosures, are used in the telecommunication, broadband and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Motive power batteries and chargers are utilized in electric forklift trucks and other industrial electric powered vehicles. Specialty batteries are used in aerospace and defense applications, large over-the-road trucks, premium automotive, medical and security systems applications. New Ventures provides energy storage and management systems for various applications including demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles. EnerSys also provides aftermarket and customer support services to its customers in over 100 countries through its sales and manufacturing locations around the world. More information regarding EnerSys can be found at www.enersys.com.

SUSTAINABILITY

Sustainability at EnerSys is about more than just the benefits and impacts of our products. Our commitment to sustainability encompasses many important environmental, social and governance issues. Sustainability is a fundamental part of how we manage our own operations. Minimizing our environmental footprint is a priority. Sustainability is our commitment to our employees, our customers and the communities we serve. Our products facilitate positive environmental, social and economic impacts around the world. To learn more visit: https://www.enersys.com/en/about-us/sustainability/.

Caution Concerning Forward-Looking Statements

EnerSys is making this statement in order to satisfy the “Safe Harbor” provision contained in the Private Securities Litigation Reform Act of 1995. Any of the statements contained in this press release that are not statements of historical fact may include forward-looking statements that involve a number of risks and uncertainties. A forward-looking statement predicts, projects, or uses future events as expectations or possibilities. Forward-looking statements may be based on expectations concerning future events and are subject to risks and uncertainties relating to operations and the economic environment, all of which are difficult to predict and many of which are beyond our control. For a discussion of such risks and uncertainties that could cause actual results to differ materially from those matters expressed in or implied by forward-looking statements, please see our risk factors as disclosed in the “Risk Factors” section of our annual report on Form 10-K for the most recently ended fiscal year. The statements in this press release are made as of the date of this press release, even if subsequently made available by EnerSys on its website or otherwise. EnerSys does not undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release.