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China BAK to Supply High-Power Car Batteries to Chery Automobile
Feb. 14, 2012 09:58PM PST
Battery MetalsChina BAK Battery, Inc. (NASDAQ:CBAK) reported that its Tianjin facility will supply high-power electric car batteries to Chery Automobile Co.
China BAK Battery, Inc. (NASDAQ:CBAK) reported that its Tianjin facility will supply high-power electric car batteries to Chery Automobile Co.
As quoted in the press release:
According to the contract, China BAK will supply 100 units of lithium-ion high-power batteries, which will be used to power Chery’s electric cars in the first half of 2012. Ruilin M1 is Chery’s first Lithium-ion solution EV which was officially launched at the 25th World Electric Vehicle Symposium and Exposition in November 2010. China BAK will deliver these batteries to Chery by the end of June 2012.
Click here to read the China BAK Battery, Inc. (NASDAQ:CBAK) press release.Â
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