Kilowatt Labs launching consumer product range in selected markets
Lead Acid batteries are used extensively for consumer applications such as boating, RV, campers, automotive, security fencing and gating, UPS etc. While they are effective, and get the job done, they have very short cycle life, are affected by temperature, require continuous maintenance, are dangerous and are extremely harmful for the environment. The primary barrier to entry in these markets is their seemingly low price.
We are delighted to announce that cost reduction in supercap cell price and control electronics has allowed us to finally develop products to compete with rechargeable 12V Lead Acid batteries.
The Company has developed a complete range that targets replacement of Lead Acid batteries between 5Ah – 250Ah. The product range will be in plastic casing and priced competitively with Lead Acid batteries, but will deliver significantly higher performance. Naturally, to be price competitive, many of the smart features present in the Sirius product range are not available in the standard models but can be added on for extra cost.
Since these are highly competitive markets with established brands, we are planning a pilot launch with partners with established retail and distribution channels in selected markets starting with Pakistan, in Q1 2021.