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China BAK to build R&D center in Shenzhen

Posted: 24 Jan 2007 ?? ?Print Version ?Bookmark and Share

Keywords:Lithium ion batteries/packs? China BAK?

Li-ion cell supplier China BAK Battery Inc. will establish an R&D center in Shenzhen. According to the company, its subsidiary Shenzhen BAK Battery Co. Ltd has secured rights from the government of China to use 6,038m? of land in Shenzhen High-tech Industrial Park.

"Shenzhen High-tech Industrial Park fosters innovation and entrepreneurship and we are honored by the local government's support of our business and industry," said Xiangqian Li, president and CEO of China BAK. "We are confident that our new operations will further strengthen our R&D capabilities and help us attract highly qualified talent."

China BAK will begin construction of the facility in the second half. It expects the plant will be operational in 2008.

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