Advanced automotive battery pack remanufacturer Spiers New Technologies (SNT) ended a very successful 2018 by being awarded the Frost & Sullivan Market Leadership Award. This award recognizes SNT for its market leadership in 4R services (repairing, remanufacturing, repurposing, refurbishing) of advanced batteries for Electric Vehicles (EVs) and Plug-in Hybrid Electric Vehicles (PHEVs).
SNT excels in the following areas, for which it earned the Frost & Sullivan Market Leadership Award:
· Growth Strategy Excellence
· Customer Service Experience
· Product Quality and Technology Leverage
· Price / Performance Value
SNT serves OEMs by creating value through in-warranty support, aftermarket service, and R&D investment strategies. The data processing capabilities of the company’s platform, ALFRED, provide insight into measures otherwise untraceable, including environmental stress. Along with SNT’s safe storage and handling credentials, ALFRED positions the company ahead of the competition in the North American EV/PHEV 4R battery services industry.
In 2018, SNT embarked on an expansion strategy and opened its first European facility in The Netherlands. The 30,000 sq. ft. facility will cater to the fast-growing European EV/PHEV market. Given its strategic central location in the United States and Europe, SNT and SNT Europe are expected to remain major transit hubs for EV/PHEV batteries in the next few years. In 2019, a new US headquarters is planned to open in Oklahoma along with a logistics center on the West Coast.
Along with supporting the automotive industry, SNT is addressing environmental challenges. The company is planning to announce a strategic alliance involving lithium-ion recycling later this year. SNT expects to offer a full closed-loop system for its customers. Existing climate change issues and associated warnings are increasing daily, and the disposal of lithium-ion in landfills will create permanent damage. SNT is actively tackling these issues and creating ways to make a positive impact on the environment in 2019.