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Valence CEO Named Fast 50 Innovator

Stephan Godevais, chairman and CEO of Valence Technology, was named to Fast Company magazine’s fourth annual Fast 50 Innovators, announced in the March issue of one of the leading magazines for business managers. Honoring individuals whose achievements have significantly advanced their companies or industries, the winners were selected from more than 1,650 online entries from 30 countries and throughout the USA.

The magazine notes that Valence Technology has modified lithium-ion technology – typically found in electronics such as laptops – for use in transportation. “While everyone waits for fuel cells to provide long-lasting batteries, Valence is moving in that direction today,” according to Fast Company.

Valence has worked with Segway LLC to develop batteries for its new 2005 human transporters, Segway HT i180, Segway XT, and Segway GT. The new batteries are being introduced on each of these models.

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