Yahoo! Finance: Green Cubes celebrates growth, 10th anniversary of SAFEflex battery

Posted on October 26, 2023

A decade ago, Green Cubes Technology embarked on the production of its groundbreaking Lithium SAFEFlex Battery, and ten years later, this flagship product has played a pivotal role in an impressive tripling of revenue within the past two years. The company celebrated this remarkable milestone at its location on 2121 E. Boulevard, Kokomo, with a gathering marking a decade of Lithium SAFEFlex Battery excellence. These batteries power not only forklifts but also a range of warehouse and aviation ground support vehicles. While the initial cost of the SAFEFlex battery is two to three times higher than traditional lead acid batteries, it offers substantial long-term cost savings due to its enhanced efficiency and extended battery life. For example, a forklift traditionally requiring 10-15 lead acid batteries over its lifespan can now run efficiently on a single SAFEFlex battery. The substantial benefits extend to both cost savings and environmental advantages. In addition to their application in forklifts and ground support equipment, Green Cubes also produces batteries for mobile medical workstations, automated vehicles, and cellular tower backup power. The company’s impressive growth over the past decade, expanding from a small building with fewer than 20 employees to a 36,000-square-foot facility employing around 150 people, positions it for further success as more companies transition to electrified solutions and reduce reliance on gas-powered engines. Green Cubes Technology remains committed to Kokomo, where they have found a skilled and dedicated workforce, and they anticipate further expansion in both revenue and employment as the electrification trend continues to grow. Read more below.

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ABOUT GREEN CUBES TECHNOLOGY

Green Cubes Technology develops and manufactures a complete portfolio of lithium power systems that enable its OEM and enterprise customers to transition from Lead Acid and Internal Combustion Engine (ICE) power to Lithium-ion battery power. Green Cubes utilizes proven hardware and software platforms to build the most reliable lithium battery systems in its industries. With over 300 employees across six countries, Green Cubes has been producing innovative, high-performance, and high-quality products since 1986. For more information, email info@greencubestech.com or visit greencubestech.com.


Category: In the News

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Customer Ratings and Reviews

Green Cubes is a great company, great engineers, great product. That’s been kind of my number one go to [lithium] battery.

President Industrial Power Company

The thing I like about Green Cubes is that they have other lines of business outside of material handling batteries, they have been in the lithium world for a long time. I can trust they will likely stay in business

VP Industrial Battery Company

Green Cubes [differentiates] on its capability to custom design for things like the hardware, the firmware, and inverters. They also have economies of scale because they make battery systems for things like forklifts.

VP Powered Cart OEM

I am doing some work with them right now. We’re learning their products, and looking at demos. They have good people. They seem like they know the technology well – they say they’re a technology company. I like that they’ve been in the lithium business a long time. I can trust they will likely stay in business.

Sales Manager Industrial Battery Company

Green Cubes Technology would be my go-to for lithium applications.

Branch Manager OEM

I’ve told my friends at Green Cubes, I don’t plan on going anywhere. I believe in loyalty.

President Industrial Power Company