Manitoban Investment Battery Company

Manitowoc Group has acquired the design and productionlithium-ion batteryShares in easyLi 82%.

easyLi was established in 2011 and manufactures and maintains equipment forelectric vehicleFixed energy storageSolutionsLithium-ion battery system.

According to the company, through this acquisition, the Manitou Group is strengthening its commitment to theseBatteryto expand its capabilities through the development, production and repair business lines. Michel Dennis,

The Group's President and Chief Executive Officer explained:

“easyLi's expertise brings tremendous value to our organisation,” stated Michel Denis, President and Chief Executive Officer. “By internalising this expertise, we will be able to delve deeper into the interaction between machines and batteries, thereby continuing to reduce the total cost of ownership for our users. This venture aligns with our strategy to accelerate..."EnergyTransformation R&D programme.”