China’s Advanced Battery Technologies (ABAT) has signed a strategic agreement with Chengdu Xundi Electric Vehicle Manufacturing to develop fast-charging lithium polymer batteries.
Chengdu Xundi specializes in the development, production and sales of electric vehicles and electric vehicle parts in China. ABAT and Chengdu Xundi will jointly develop a fast-charging battery with a driving range of 400km on a single charge.
Mr Huang, General Manager of Chengdu Xundi Electric Vehicle Manufacturing, said: “We plan to manufacture 10,000 electric cars in 2015 and all these vehicles will use ABAT’s batteries.”
Mr Zhiguo Fu, Chairman of Advanced Battery Technologies, commented, “Electric and hybrid vehicles represent the future of the automotive industry. We expect ABAT will be at the forefront of this market, as we have already established our leadership in such markets as electric bikes, scooters, and leisure vehicles, among others.”
Headquartered in Beijing, ABAT has manufacturing subsidiaries in Harbin, Wuxi and Dongguan.