Ener1 strategic partnership offers preliminary foothold in the Chinese vehicle and grid market

The Joint Venture between Wanxiang Electric Vehicle Co., Ltd., and Ener1 , signed on January 18, 2011, was approved by the Chinese government on July 18, 2011. The JV, Zhejiang Wanxiang Ener1 Power System, will manufacture Lithium-ion cells and battery packs at Wanxiang’s 553,000 square foot facilit...

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