Powerzinc Electric, Inc.,
the leading metal air (zinc-air) fuel cell developer and
manufacturer based in Southern California with
manufacturing model plant located in Shanghai, China,
announced today that its subsidiary company in Shanghai,
Powerzinc Electric (Shanghai), Inc. has successfully
finished one round of capital funding. A total amount of
20 million RMB Yuan has been invested by Zhejiang Jianfeng
Group Co., Ltd., one of the public listing company in
Powerzinc is utilizing
this investment to consummate the expansion project of
Shanghai Manufacturing model Plant and speedup the
progress of market popularization of DQFC )Dynamic
Quick-refuel Fuel Cell) series of zinc air fuel cells.
Zhejiang jianfeng Group
Co., Ltd. is one of the largest and excellent enterprises
among the national building materials industries in China;
the quality of its cement products is exempt from the
national inspection. It is also the leading and one of the
top ten pharmacy enterprises in Zhejiang Province, China.
Before the said investment, it was searching for new field
of Hi-Tech for investment.
Powerzinc Electric, Inc.
is a California-based Hi-Tech company. It is dedicated to
the research, development, manufacturing and
commercialization of advanced zinc-air fuel cells and
entire manufacture facilities, along with fuel cells
refuel service platform. Through years of R&D, Powerzinc
has achieved significant breakthroughs in zinc-air fuel
cell technology and developed the high power, large
energy, long-lasting, low cost and environment-friendly
power and energy source. Its innovative products - DQFC
series of zinc-air fuel cells with creative design and
process technology is a totally renewable energy for
electric vehicles and various other applications today.
About Powerzinc Electric
Shanghai, China, Powerzinc has established a zinc-air fuel
cell manufacturing and service model plant to
commercialize the technology and its products. The plant
is ready for commercial-scale production. The Company has
started supplying DQFC series zinc-air fuel cells to
manufacturers of Electric Bicycles and Electric Scooters.
In the near future, the new series of DQFC zinc-air fuel
cells for Electric Buses, Defense and Security,
Communication and other applications will be available to
the commercial market soon to satisfy
the real highly growing
demand anywhere in the world.