Local battery life cycle firm a strong example of innovation, entrepreneurship

Published: Tuesday, July 25, 2017 By: Scott Meacham Source: NewsOK

A year ago, Spiers New Technologies had about 40 employees. Today that number is close to 60, and the young company continues to grow more than 100 percent a year.

Spiers New Technologies provides a one-stop solution to battery life cycle management and has become, in a very short time, the recognized go-to partner by the automotive industry for life cycle management of advanced battery packs.

The proof? Spiers takes in about 10,000 battery modules used in hybrid and electric vehicles each week for repair, re-manufacturing, refurbishing, and re-purposing. A battery in an electric vehicle can average around 100,000 miles before it loses muscle; Spiers' systematized expertise helps vehicle manufacturers restore and re-purpose used batteries, optimizing battery life cycles and maximizing the manufacturer's return on investment in batteries.

CEO Dirk Spiers is one of those entrepreneurs who has a vision for the next five years out and simultaneously is driven to improve today's operations. The next step he sees is to expand to Europe and China.

Read the full story at NewsOK.com

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