| A R O U N D T H E I N D U S T R Y
|
Ovonic Battery Licenses L&K Battery
Ovonic Battery Company Inc. of Rochester Hills,
Michigan, has entered into a patent license agreement
in connection with its proprietary nickel metal
hydride battery technology with L&K Battery
Technology Co. Ltd. of the People’s Republic
of China. Under the consumer battery license grant,
L&K Battery has a royalty-bearing, nonexclusive
right to make, use and sell NiMH batteries for
consumer nonpropulsion applications.
|
