NeoVolta Secured $10 Million Battery Supply Agreement
San Diego-based NeoVolta Power will supply industrial battery packs for Lion Power systems through 2027.
Updated on Oct. 14, 2026 in Electric Vehicles
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NeoVolta Power has finalized a master supply agreement with Lion Power that includes a minimum purchase commitment of nearly $10 million. The deal secures initial orders worth more than $4 million to integrate battery packs into PowerBase power management systems.
Why it matters
This partnership enables the expansion of energy storage capabilities to help manage peak demand and infrastructure requirements. The agreement marks NeoVolta Power's first move into commercial and industrial delivery segments as it scales its operations.
The agreement includes a $10 million minimum purchase commitment and an initial $4 million order. These battery packs will support the PowerBase system, which currently operates at over 25 sites and has completed more than 650,000 battery exchanges.
The players
NeoVolta Power
A San Diego-based company that designs and builds energy storage systems.
Lion Power
A Greenville-based firm specializing in managing peak energy demand and infrastructure.
The details
The battery packs will be delivered in quarterly tranches over the next two years to be integrated into the PowerBase Autonomous Power Management system. This system is designed to provide energy storage for commercial and industrial settings, supporting infrastructure needs during periods of peak energy demand.
Timeline
October 14, 2026: NeoVolta announced the Master Supply Agreement with Lion Power.
Q4 2026: The first multiple MWh of battery capacity are scheduled to ship.
Through 2027: Master Supply Agreement deliveries and purchase commitments remain active.
The Home Front
This deal signals a shift in the energy storage landscape toward high-capacity industrial systems that manage peak grid demand. It follows the broader trend of automating energy infrastructure to support large-scale demand surges.
While this agreement focuses on commercial industrial systems, local homeowners should keep an eye on how these utility-scale storage technologies influence regional grid stability. Consult with a licensed energy professional if you are considering residential storage upgrades.
The takeaway
The move toward industrial-scale energy management highlights the increasing necessity for grid-level storage capacity. Homeowners interested in similar technologies for their own property should consult with a licensed professional regarding current local residential energy storage regulations.
Further reading
For more information on the evolving landscape of power storage, visit Electric Vehicles.
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