Lithium Technology Corporation enters strategic alliance and investment agreement with FN Group for large format Li-ion packs for automotive applications
Green Car Congress
APRIL 8, 2011
The initial amount of cells will be used to build a test fleet of Plug-in Hybrid Vehicles with range extender as well as a certain number of Electric Vehicles for an Asian vehicle manufacturer. This initial equity stake also includes the initial commercial supply contracts for delivery of battery cells between LTC and FN Research.
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