Steve Tolen

President/CEO
Indy Power Systems

Mr. Tolen founded Indy Power Systems’ because there was not a single battery chemistry that is perfect for electric vehicle propulsion. He developed a modular, scalable, upgradeable blended energy concept. Once the energy blending system was developed, it was determined that the primary application would be Microgrid and Utility Grid applications for energy storage and alternative energy integration. That system is now known as the Energy Router™. Mr. Tolen is co-inventor of Patent #8076797 for an energy transfer system connecting a load to multiple energy sources with different voltages. Under his management, Indy Power Systems has earned 4 energy management patents and has 4 pending. He holds a BS degree in finance from the University of Illinois and serves on the Society of Automotive Engineering (SAE) Secondary Use Battery Committee.

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