High Quality Content by WIKIPEDIA articles! Valence Technology, Inc. (NASDAQ: VLNC) develops and manufactures advanced lithium iron phosphate cathode materials as well as programmable battery modules and trays. Valence`s products are used in electric vehicle and Plug-in hybrid electric vehicles (PHEVs) such as cars, scooters, motorbikes, commercial vehicles such as buses, delivery vans and trucks. Valence batteries are also used in wheelchairs, medical carts, robotics, as well as stationary applications such as remote power, uninterruptible power supply (UPS), community energy storage, frequency regulation and switching gear in telecoms.