Advanced Battery Technologies (ABAT) Receives $1.2M In Electric Scooter Orders

Advanced Battery Technologies just announced that it received $1.2 million worth of orders for new electric scooters at the company’s product promotion conference in China. The conference was held at the end of March. The $1.6 million figure is the total amount of the sales contracts signed with four different customers. The scooters will be delivered within the next year.

In a press release, Mr. Zhiguo Fu, CEO of ABAT, commented on the sales:

“The new orders demonstrate management’s significant progress in serving both domestic and overseas customers. We will continue to work closely with our local distributors by providing state of the art products capable of meeting the diverse demands of their customers. We are also grateful for their strong and continuous support.”