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Mr. Zhu Xiaoming, the Deputy Director of the People’s Congress Council of Shanghai City and Ms. Liu Zhengyi, the Deputy Director of the Pudong New District Government of the City Met Powerzinc’s Management Team and Their Potential Canadian Partner

April 25, 2007

(April 12, Shanghai )For the supporting of the demo project of the Powerzinc’s zinc air fuel cell powered electric city transit buses will be operated in Pudong New district, in Shanghai city’s VIP hall and the Pudong New District Government’s VIP hall, Mr. Zhu Xiaoming, the Deputy Director of the People’s Congress Council of Shanghai city and Ms. Liu Zhengyi, the Deputy Director of the Pudong New District Government of the city had respectively met Powerzinc’s management team and their potential partners from Teck Cominco, Canada.  

Mr. Richard Yang (CEO), Mr. DQ Yang (CTO), and Mr. Ming Chen (General Manager) and Mr. Lapwai Nu (Director for business development) from Powerzinc presented, and Dr. John F.H. Thompson (Vice President, Technology), Mr. Richard Mundie (Vice President, Asia Affairs and Chief Representative in China), and Dr. Gregory Zhang (the R & D Manager – Senior Scientist for Corrosion and Zinc Batteries) and Mr. John Chen (Director for Chinese Business Development in its Beijing office) from Teck Cominco participated both meetings.  

Mr. Zhu, the Deputy Director, declared in the meeting on the 12th that it was exciting to meet the group on the new energy technology. Shanghai city government take energy diversification very seriously in building a harmonic society and strongly support development of alternative energies. Using clean energy sources powered electric vehicle to be depend on the new energy technology, will not only support city avoid the oil crisis but also reduce environmental pollution. Zinc air fuel cells generate electricity through an oxidation process on its zinc fuel, which can be recycled and regenerated. It is an easy understanding concept. Powerzinc has developed the product with high performance and low cost; and can utilize excess off-peak electricity to generate or regenerate zinc fuel in the industrial scale to replace oil. This is a great choice for environmental friendly power for transportation such as city transit buses and ferries. It can be a landmark project in that regard and is beneficial to the country and the people. The city government welcomes this type of the projects. He also instructed the Deputy Minister of the Pudong Government’s Economy and Trade Ministry under the city, Mr. Wang Xinlin, to support the project in each way possible to its fruition.   

During the meeting in the previous day, that is April 11, Ms. Liu Zhengyi, the Deputy Director of the Pudong New District Government,  pointed out that Powerzinc’s project conforms with the Chinese Central Government’s policies of energy saving and development of recycling economy. It has high-tech elements, environmental friendly and serves public interests. Pudong New District is highly interested in this type of the projects and would undoubtedly provide supports. She also asked members of Technology, Economy, Construction and Transportation Ministries of the Pudong Government to provide their constructive opinions on how to proceed with the project. In the end, Ms. Liu, Deputy Director, expressed her sincere hope for the early success of the project.

 

 

 

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.