What the source reports
The Raymond Corporation, a Toyota group company and material handling solutions provider, has produced its 2,500th next-generation lithium-ion battery, marking a milestone in its battery manufacturing and energy solutions business. The achievement reflects the company’s continued investment in electrification, battery performance and lifecycle management for material handling and warehouse operations.
Raymond’s lithium-ion battery solutions are designed to improve productivity, optimise energy consumption and support demanding warehouse environments. According to the company, its lithium-ion batteries can deliver up to 17% higher productivity than lead-acid batteries, alongside thermal management capabilities for cold-storage applications and integrated monitoring systems to optimise battery performance.
Beyond battery manufacturing, Raymond is focusing on extending the useful life of lithium-ion batteries through recycling, reuse and second-life applications. The company’s approach includes a lithium-ion battery take-back programme and advanced grid integration research to support battery lifecycle management and circular economy initiatives.
Raymond is also exploring opportunities to extend the value of batteries beyond their initial material handling applications. These include potential energy-as-a-service models and future deployment in battery energy storage systems (BESS).
Battery health assessments and advanced diagnostics are expected to play an important role in identifying opportunities to extend battery life and determine their suitability for further applications.
Raymond is working with Bridge Green Upcycle, a New York-based battery upcycling company, to support battery lifecycle management, health monitoring and critical mineral recovery.
The partnership includes Bridge Green Upcycle’s AI-enabled Battery Health Monitoring Software and critical mineral recovery processes, supporting battery reuse, repurposing and recycling.
According to Bridge Green Upcycle Founder and CEO Balki Iyer, the collaboration aims to strengthen battery lifecycle services while supporting safety and quality standards across battery recovery and reuse operations.
The partnership reflects Raymond’s broader focus on managing lithium-ion batteries beyond their initial operational lifespan, with battery diagnostics and recycling contributing to the development of a circular battery ecosystem.
The production milestone adds to Raymond’s investments in advanced energy technologies supporting electric material handling equipment and intralogistics operations.
The company continues to develop integrated energy solutions, including lithium-ion batteries, monitoring technologies and lifecycle management initiatives, aimed at improving operational efficiency and extending battery value across applications.
