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China BAK to Supply High Power Lithium-Ion Batteries to Korean Manufacturer
Mar. 29, 2012 06:22PM PST
Battery MetalsChina BAK Battery, Inc. (NASDAQ:CBAK) reported that it has received a new contract to supply the high power lithium-ion batteries to a Korean electric motor manufacturer.
China BAK Battery, Inc. (NASDAQ:CBAK) reported that it has received a new contract to supply the high power lithium-ion batteries to a Korean electric motor manufacturer.
As quoted in the press release:
Under the contract, China BAK will deliver 300 high-power lithium-ion battery units to the Korean manufacturer by April 2012 to power its electric motors. The customer previously tested and provided feedback on a sample set of China BAK’s lithium-ion high power batteries.
Click here to read the China BAK Battery, Inc. (NASDAQ:CBAK) press release.
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