China BAK enters into strategic cooperation with FAW subsidiary for EV battery modules
25 July 2012
Li-ion battery manufacturer China BAK Battery, Inc. has entered into a strategic cooperation program to develop electric vehicle (EV) battery modules and high-capacity battery products with input from FAWER Automotive Parts Limited Company, a subsidiary of China FAW Group Corporation, one of China’s leading vehicle manufacturers.
As part of the program, FAWER has placed a sample order for China BAK’s EV battery modules. FAWER is expected to test the batteries in certain electric vehicles under development by FAW.
In addition to having its obviously close relationship with FAW, FAWER is an important parts and components supplier for other well-known vehicle brands in China. Our cooperation with FAWER is expected to encourage similar cooperative programs with other automobile manufacturers. We also believe that this joint effort to develop advanced battery modules used in EV will foster a mutually beneficial relationship in the rapidly growing EV market.
—Xiangqian Li, CEO of China BAK
The opening of the second vehicle plant in China will expand the range of locally-produced models to include the BMW X1. Production of the long-wheelbase version of the BMW 3 Series will also begin in Tiexi over the coming weeks. China sourcing
Posted by: Edward Son | 03 December 2012 at 05:22 AM