Powerzinc and Zhejiang Energy Group to Explore Cooperation Potential
　

Delegates of China Zhejiang Energy Group, the Research Institute of the Thermodynam Energy of Zhejiang University, and Zhejiang Beilun Power Plant visited Powerzinc Shanghai and the US/China Energy and Environmental Technology Center (EETC), which has its office inside Powerzinc’s facility, on July 28, 2003. In addition to signing a memorandum of cooperation with EETC, the delegates also toured Powerzinc’s factory and test-drove its “Long Range” electric bicycle powered by zinc-air fuel cells. This type of electric bicycle was developed by Powerzinc and is first of its kind. Powerzinc has started marketing this product in Shanghai market since June.

The delegates were impressed by the function and capability of zinc air fuel cell powered electric bicycles and believed there would be tremendous market potential for such environment-friendly products in China.

Both parties are also interested to explore strategy alliance and cooperation potentials in the future.

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.