Under this arrangement, China BAK will deliver a sample order of five lithium-ion high-power battery units to Brilliance Auto by July 2012. Brilliance Auto will utilize the high-power battery units to power its electric cars to test the performance and reliability of the battery cells.
"Brilliance Auto is one of the distinguished automobile manufacturers in China and we are excited to deliver our sample battery units to power their electric cars. Our cooperation with Brilliance Auto demonstrates our market recognition and the strong commitment of our team to expand our customer base. Upon successful testing, we expect to receive additional orders and expand the scope of our cooperation," commented Mr. Xiangqian Li, CEO of China BAK.
China BAK Battery, Inc. (NASDAQ: CBAK) is a leading global manufacturer of lithium-based battery cells. The Company produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, smartphones, notebook computers, e-bikes, electric vehicles, power tools, uninterruptible power supplies, and portable consumer electronics such as portable media players, portable gaming devices, personal digital assistants, or PDAs, camcorders, digital cameras, and Bluetooth headsets. China BAK Battery, Inc.’s production facilities, located in Shenzhen and Tianjin, PRC, cover over three million square feet.