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Flux Power is a first mover in lithium-ion battery development for lift trucks and industrial equipment

Flux Power is a first mover in lithium-ion battery development for lift trucks and industrial equipment

Flux Power (NASDAQ:FLUX) Holdings, Inc. CEO Ron Dutt caught up with Proactive New York to discuss the Vista, California-based group's advancements in its lithium-ion battery development for lift trucks and industrial equipment, with recent expansion into solar storage for vehicle charging stations.

Flux Power recently reported full year earnings, which saw its full year 2021 revenue increase by 56% to $26.3M compared to 2020 revenue of $16.8M. He says while supply chain disruptions have a been a challenge, the group has been adding new customers, with existing customers expanding their fleet, looking forward to an 'exciting' 2022.

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