Advanced Battery Technologies, Inc. · New York, NY United States ·(NASDAQ (CM): ABAT)

Advanced Battery Technologies, through its operating subsidiary ZQ Power-Tech, hopes to ride the rising wave of electric and hybrid-electric vehicle sales all the way to the bank. The company produces rechargeable polymer lithium-ion batteries used in cars, buses, cell phones, digital cameras, and other modern gadgets. Its batteries can be as thin as one-tenth of an inch or as large as 500 pounds (for commuter buses). ZQ makes lamps used on miner's helmets but most of its products are sold to OEMs for use in their finished goods. Customers for vehicle battery components include Aiyingsi, ZAP, and Beijing Guoqiang Global Technology Development Co. Chairman and CEO Zhiguo Fu formed the company in 2002. To read the full description, subscribe now.