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Article: Valence Technology and Electric Vehicles International Reach Exclusivity Agreement.
- Article from:
- Business Wire
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Valence Technology Inc. Will Be the Exclusive Battery Supplier to Electric Vehicles International (EVI) for Their Medium Duty and Walk-In Fully Electric Trucks
AUSTIN, Texas & STOCKTON, Calif. -- Valence Technology, Inc. announced today at the Grand Opening ceremony for EVI's new US headquarters and production facility in Stockton, California, that it reached an exclusive supply agreement with leading electric vehicle manufacturer EVI.
"We are pleased to have secured a deal with Valence Technology for their patented Lithium-Iron Magnesium Phosphate battery systems," said Ricky Hanna, CEO of Electric Vehicles International. "We have introduced today our ...