New Battery Technology For Chinese Market

November 13, 2002 [SolarAccess.com] Valence Technology a company in the development and commercialization of Saphion technology and Lithium-ion polymer rechargeable batteries, and FengFan Group Ltd, the manufacturer of the largest capacity rechargeable batteries in China, have entered into a joint venture agreement. Under the agreement, the companies will establish a joint venture company in China to manufacture Valence’s Saphion Lithium-ion batteries for all applications globally.
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