Zhejiang Unifull Industrial Fibre Co Ltd, a Chinese lithium batteries manufacturer, said its subsidiary has signed a strategic cooperation framework agreement with one nationally owned aerospace company to make lithium batteries.
Unifull’s unit, Jiangsu ZhiHang New Energy (ZHNE), a Chinese high-tech company designs and produces lithium battery products, will work with a research institution of China Aerospace Science and Technology Corporation (CASC) to develop automotive battery systems for the market.