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Powerzinc Licensed Its E-bike on OEM Basis to Manufacturer in Jiangsu,China
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June 12, 2003

Powerzinc has signed an Agreement to license Powerzinc¡¯s iGO brand dual power-source electric bicycles on OEM basis to a leading car components manufacturer in Jiangsu province of China. Under the planned agreement, the manufacturer will produce 36,000 units of zinc-air fuel cell bicycles (model TDN0202Z) for Powerzinc in the first year. It will also become one of Powerzinc¡¯s e-bike distributors in Jiangsu province. This would mark the first time that Powerzinc¡¯s high performance iGO bicycles will be made available to OEMs.
     

About Powerzinc

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), Inc

In 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.

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