Page 32 - Logistics News - December 2021

C O MPANY NE W S

Cummins invests in Sion

Power to develop lithium

metal technology

CUMMINS INC. has entered into an agreement with Sion
Power Corporation, a leading developer of high-energy
rechargeable battery technology, to design and supply battery
Kwik Delivery wins Most cells based on its proprietary lithium metal technology for

Innovative Logistics commercial vehicle applications. In connection with the
agreement, Cummins has made an investment in Sion
Company in Nigeria award Power. The investment provides Cummins with a minority
stake in Sion Power, allows Sion Power to further develop its
KWIK DELIVERY, the French-Nigerian technology lithium metal technology for the commercial vehicle market
company providing delivery, payment and fulfilment and positions both companies for success in the future
services to merchants and businesses in Nigeria, was commercialisation of the technology.
hailed as the Most Innovative Logistics Company of
the Year in Nigeria. The announcement was made at Under the agreement, Sion Power will engage in a multi-
the annual Business Day Nigerian Leadership Awards, year development programme to design and supply large-
a prestigious cross-industry event for the recognition format lithium metal battery cells for use in Cummins battery
of innovators and success stories that was attended by packs. The batteries developed by Cummins will be integrated
top dignitaries across the length and breadth of Africa’s in its electric powertrains for commercial vehicles.
largest economy.
“Our customers rely on Cummins to provide the most

The award is in recognition of exceptional robust electric powertrains in the world,” says Amy Davis, Vice
business leaders and organisations for their sustained President at Cummins and President of the company’s New
commitment to excellence in enterprise and Power segment. “We need battery technologies that will meet
contributions to the Nigerian economy. No fewer than the performance and cost expectations for tough, commercial
14 business leaders and 20 companies including a public vehicle duty cycles.”
institution bagged different awards at the Business Day
Nigerian Business Leadership Awards. Sion Power’s high-energy battery chemistry is an important
component of Cummins’ roadmap to electrify the company’s

Speaking at the event in response to the recognition, commercial vehicle products. Based on Sion Power’s proprietary
CEO of Kwik Delivery Romain Poirot-Lellig said, “Kwik lithium-metal anode technology and incorporating its patented
Delivery’s mission to is enable Nigerian businesses to manufacturing process, the cell provides a robust, long-lasting
grow, to sell more and to foster trust between economic rechargeable battery for Cummins’ demanding applications.
stakeholders through the use of technology. We have
been growing very fast since we were founded two “Sion Power’s Licerion is an enabling technology for
and a half years ago. We have close to 100,000 B2B Cummins’ future electric commercial vehicle offerings,” says
customers in Lagos and Abuja and are on target to reach Tracy Kelley, Chief Executive
1,000,000 by the end of the coming year. I would like Officer at Sion Power. “Cummins
to dedicate this award to my team and the many riders is an ideal partner for Sion Power
and delivery partners who have chosen Kwik to provide to enable this next generation of
groundbreaking delivery services.” electric mobility and significantly
L O GI S T I CS NEWS Kwik’s management team including Chief Operating of the transportation industry.
support the decarbonisation
The event was also attended by other members of
Together this strategic
relationship sets us on a path to
Officer Iyeyinka Olayanju, Chief Technology Officer
deliver the future of batteries.” •
Olivier Decrock and Marketing Manager Michael

30 Owatunde. • www .l o g ist i csn e w s .c o .z a
NO V E MB E R/D E C E MB E R 2021