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

Fengang Co

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.

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.
Subscribe to Fengang Co