Highpower Technology Signs MoU with European Partner for Battery Tech Collaboration

Published: Dec 23, 2024 09:27

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【Highpower Technology: Signing Memorandum of Understanding with a European Strategic Partner for Battery Technology Collaboration】Highpower Technology announced that the company recently signed a Memorandum of Understanding with a European strategic partner specializing in silicon materials. Both parties will leverage their respective strengths to conduct comprehensive and in-depth collaboration on next-generation high-energy-density battery technology—100% silicon anode lithium-ion batteries. The collaboration will cover various aspects, including technology R&D, product development, and market promotion strategies. In the initial phase, the focus will be on projects related to a leading North American smart wearable brand. This collaboration is expected to accelerate the commercialization of the company's pure silicon anode lithium-ion batteries and will not have a significant impact on the company's financial position or operating results for the current year. Details regarding related risks and uncertainties have been disclosed in the announcement.

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