Posts tagged: Advanced

Advanced Battery Tech signs 5.7 million dollars polymer lithium-ion battery supply contract

By admin, August 28, 2010 1:16 am

Advanced Battery Tech, an industry leader developer, manufacturer and distributor in polymer lithium-ion battery, announced the company on August 24 signed a polymer lithium-ion battery supply contract with Hengmin Opto-electrical Tech. Hengmin Opto-electrical Tech is located in Dongguan City, Guangdong Province, mainly engaged in lithium battery and power management system of production and assembly sales.

The total contract value is about $5.7 million, shipping will begin in 30 days. Advanced Battery Tech will provide lithium-ion phosphate battery pack for Hengmin Opto-electrical Tech, the battery pack will provide energy to LED lights, radio and road lights. And the road lights will use a single battery capacity 50AH Li-ion phosphate battery.

Advanced Battery Technologies Enters into US EV Market

By admin, June 8, 2010 9:20 pm

Leading developer, manufacturer and distributor of rechargeable Polymer Lithium-Ion batteries as well as a manufacturer of electric vehicles, Advanced Battery Technologies, announced that it received an order to sell electric vehicles valued at approximately $1.1 million to US-based All-Power America. The first batch of electric motorcycles was shipped to All-Power America on June 6, 2010. This is the first entry into the US market for ABAT’s electric vehicles since the Company acquired ownership of Wuxi ZQ in May 2009.

The Company signed the sales contract with All-Power America in May and plans to deliver approximately 2,000 scooters by the end of June. All-Power America specializes in manufacturing power tools and power equipment, with operations in Shanghai, China and California, USA. The order from All-Power America demonstrates the Company’s continuing efforts to expand its international customer portfolio, in this case to include the North America market.

Mr. Zhiguo Fu, CEO of ABAT, stated, “This new order is an example of management’s significant progress in expanding and servicing overseas customers. Entering the US market is a very important milestone for us and the renewal of orders from our current customer base in Europe, the Middle East and South East Asia only adds to the recognition our eco-friendly electric vehicles are receiving all around the world.”

Kentucky Will Expand Advanced Battery Research

By admin, January 13, 2010 9:16 pm

Laboratories proposed for the University of Kentucky Center for Applied Energy Research will be used for developing batteries to power next-generation automobiles, Gov. Steve Beshear said Monday.

Beshear announced Monday afternoon that the university has received $11.8 million in federal stimulus money from the National Institute of Standards and Technology for a nearly 36,000 square foot laboratory building at the Spindletop research site in Lexington.

The Kentucky-Argonne National Battery Manufacturing Research and Development Center, a joint venture involving researchers from the University of Kentucky and the University of Louisville, would use the laboratories for research.

The overall cost of the construction project would be $15.8 million, with the state kicking in $3 million in stimulus funding and the university $1 million.

University of Kentucky President Lee T. Todd Jr. said construction is expected to be completed in late 2011.

Beshear said the project is especially important for Kentucky, the nation’s third leading producer of cars and light trucks, to try to position itself for the development and production of plug-in vehicles.

Kentucky researchers will focus particularly on improving lithium-ion batteries.

“Lithium-ion cells need a longer life span,” Beshear said. “They need a longer charge life. They need to be smaller. They need to be cheaper. But, most of all, they need to be produced more efficiently.”

The scientists will also be doing research in Lexington on capacitors for storing energy, biofuels productions, solar energy technologies, and clean-coal technology.

Beshear said producing clean-burning fuels from coal is especially important in Kentucky, where some 17,000 people work in the coal mining industry. He has been a leading proponent of coal production despite criticism from environmentalists.

“The renewable resources that we’re working on and the coal that we have will both play a big party in Kentucky’s future and this country’s future,” Beshear said.

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