NeoVolta Power Signed Lion Power Supply Agreement
The energy storage company entered a binding deal for battery pack deliveries through 2027.
Updated on Oct. 14, 2026 in Electric Vehicles
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NeoVolta Power has entered into a Master Supply Agreement with Lion Power that includes a minimum purchase commitment of nearly $10 million. The company also confirmed receipt of initial purchase orders valued at more than $4 million to supply battery packs for the PowerBase Autonomous Power Management system.
Why it matters
This agreement allows NeoVolta Power to expand its energy storage capabilities into new markets while assisting Lion Power in managing peak energy demand. It marks a significant step forward as the firm transitions into its first commercial and industrial deliveries.
The agreement includes a nearly $10 million minimum purchase commitment with initial orders exceeding $4 million. NeoVolta Power currently supports more than 650,000 completed battery exchanges across 25 active sites.
The players
NeoVolta Power
A San Diego-based company that specializes in energy storage systems and autonomous power management technology.
Lion Power
A Greenville, South Carolina-based entity focused on managing energy demand and infrastructure.
The details
Battery packs will be integrated into the PowerBase Autonomous Power Management system and delivered in quarterly tranches through the end of 2027. These shipments are intended to bolster infrastructure capacity and provide the first wave of commercial and industrial deliveries for the company.
Timeline
NeoVolta announced the Master Supply Agreement on October 14, 2026.
Initial shipments of battery capacity are scheduled for Q4 2026.
Purchase commitments and deliveries remain active through 2027.
Roadmap
The adoption of the PowerBase Autonomous Power Management system by utility partners signifies a shift toward automated, large-scale battery management in the industrial energy sector. This expansion positions NeoVolta to compete in the growing market for peak-demand energy infrastructure.
This deal primarily impacts industrial energy users by expanding access to autonomous battery management tools designed to handle peak power demand. Customers using systems supported by this partnership may see improvements in energy infrastructure reliability as deliveries begin in late 2026.
The takeaway
The multi-million dollar agreement highlights a shift toward high-volume automated battery storage for industrial clients. Businesses looking to manage peak load demand should monitor these logistics timelines as they represent a growing trend in decentralized power management.
Further reading
Learn more about the latest developments in the sector at Electric Vehicles.
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