Advanced Battery (ABAT) Secures Major Contract
Advanced Battery Technologies, Inc. (ABAT) recently announced that it was awarded a $4.6 million contract from Wuxi Angell Autocycle Co., Ltd. to produce battery sets. Wuxi Angell Autocycle Co., Ltd. is a manufacturer of motorized vehicles, including e-bikes, ATVs, scooters, pocket bikes, dirt bikes, go-karts, snow scooters, and sea scooters, for Chinese and overseas markets. Wuxi Angell Autocycle was established in 2002 as a light electric vehicle manufacturer that currently produces more than 600,000 units a year for 48 countries worldwide. "We are extremely pleased to be providing these battery sets to Wuxi Angell for use in its products. This…