($5.84) – a developer, manufacturer, and marketer of lithium and nickel-metal hydride (Ni-MH) rechargeable batteries, and a battery management systems and battery recycling provider, today announced

that its 20Ah lithium-ion battery (Model: IESPD201E) has received the product approval issued by China’s National Quality Control & Inspection Center for Buses. The battery model IESPD201E is designed for and best suited for Hybrid Electric Vehicles (HEVs) and Plug-in Hybrid Electric Vehicles (PHEVs). The product approval was based on comprehensive tests according to China’s automobile industry standard QC/T 743-2006 “Lithium-ion Batteries for Electric Vehicles”.

Mr. Wenliang Li, Chief Technology Officer of Highpower, commented,

“China has begun to emerge as a leading green transportation adopter. China will become the largest market for electric buses within the decade. This is another significant milestone for Highpower to get positioned for wider national adoption of our batteries in the HEV and PHEV market. We dedicate meaningful resources to developing the new generation lithium batteries to address the immense EV market in China. Receiving the approval from China’s National Quality Control & Inspection Center for Buses is one solid step in order to commercialize our high power density lithium batteries in the EV market at the national level. We expect further progress in the years ahead.”