Advanced Battery Technologies Enters US Electric Vehicles Market

NEW YORK, Jun 8, 2010 (GlobeNewswire via COMTEX) -- Advanced Battery Technologies, Inc.(ABAT 3.14, -0.01, -0.32%), a leading developer, manufacturer and distributor of rechargeable Polymer Lithium-Ion (PLI) batteries as well as a manufacturer of electric vehicles, today announced that it received an order to sell electric vehicles valued at approximately $1.1 million to US-based All-Power America. The first batch of electric motorcycles was shipped to All-Power America on June 6, 2010. This is the first entry into the US market for ABAT's electric vehicles since the Company acquired ownership of Wuxi ZQ in May 2009.


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