ABAT Signs Contract With Wuxi

China’s Advanced Battery Technologies Inc. has entered into a contract with Wuxi Angell Autocycle Co. Ltd. to produce $4.6 million worth of polymer Li-ion battery sets. Wuxi manufactures motorized vehicles, including e-bikes, ATVs, scooters, pocket bikes, dirt bikes, go-karts, snow scooters, and sea scooters, for domestic and overseas markets. ABAT develops, manufactures and distributes rechargeable polymer Li-ion (PLI) battery cells.