If you need to know about batteries; you’ve come to the right place Chinese flag 点击这里访问我们的中文网站 Chinese flag

Axion Power files for bankruptcy as China deal hope fails

Mon, 08/20/2018 - 08:54 -- John Shepherd
Richard Bogan

Lead-carbon battery maker Axion Power International has filed for Chapter 7 bankruptcy in the US.

The chairman and CEO of the Pennsylvania-based firm, Richard Bogan (pictured), said the decision had been taken after pursuing “unsuccessful endeavours”— and failing to clinch a deal with one China's largest lead-acid battery manufacturers, Fengfan Co.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.