China BAK to supply Li-ion batteries for Chery EVs

April 9, 2012 by  
Filed under Company News, Industry News, News

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China BAK Battery, Inc. has entered into a new contract to supply high-power batteries to Chery Automobile Co., Ltd. China BAK will deliver 1,000 high-power lithium-ion battery units in 2012 to power Chery’s Ruilin M1 electric cars. The new contract is in addition to China BAK’s contract to supply 100 high-power battery units to Chery, which are on schedule to be delivered by June 2012. The Ruilin M1 is one of the five electric vehicle models that have been approved for government use since early this year. Chery and China BAK also plan to announce a long-term cooperation program in the electric vehicles industry.