Chinese lead acid batteries maker China Ritar Power Corp. said it won battery orders from 28 electric vehicle manufacturers / battery distributors including Shenzhen Greenwheel Electric Vehicle Co Ltd, Wonder Auto Technology, Inc., Shenzhen Aoxiang Industrial Development Co Ltd, Advanced Transportation Energy Center, Maurer Elektromaschinen and Ultra Motor India Pvt Ltd.
Chairman and CEO Jiada Hu commented "We believe we are well positioned to benefit from the growth in the electric vehicle industry with our lead acid batteries that have the capability to power an electric vehicle up to 90 miles without needing to be recharged and are priced at approximately 50 percent less than international manufacturers."
"More specifically, Shenzhen Greenwheel Electric Vehicle, one of the biggest electrical vehicles manufacturers in China, is in the process of constructing a new industrial park in Wuxi, China, with capacity to manufacture up to 50,000 electric vehicles annually. Once Shenzhen Greenwheel Electric Vehicle begins manufacturing electric vehicles at the new industrial park, we expect to receive orders worth up to US$15 million," he added.
No comments:
Post a Comment