The order marks ABAT’s first entry into the US EV market since the company’s acquisition of Wuxi ZQ in May 2009. The company signed the sales contract with All-Power America in May and plans to deliver approximately 2,000 electric scooters by the end of June.
The order from All-Power America, a company that manufactures power tools and power equipment, with operations in Shanghai, China and California, US, complements ABAT’s continuing efforts to expand its international customer portfolio, in this case to include the North America market.
Zhiguo Fu, CEO of ABAT, said: “This new order is an example of management’s significant progress in expanding and servicing overseas customers.
“Entering the US market is a very important milestone for us and the renewal of orders from our current customer base in Europe, the Middle East and South East Asia only adds to the recognition our eco-friendly electric vehicles are receiving all around the world.”
