KUALA LUMPUR, June 19 (Bernama) -- Lithium Werks B.V. -- a fast-growing global lithium ion battery company with production facilities in China -- signed a distribution agreement with Taipei, Taiwan-based distributor Endrich Co Ltd to bolster its support for Asian customers.
Chief executive officer (CEO) and co-founder of Lithium Werks, T. Joseph Fisher III said the company has seen the strong demand for lithium batteries from Asian customers. The company expects an enormous uptick in demand in the years ahead.
Lithium Werks has collaborate with Endrich for its unrivaled knowledge of Asian markets and Endrich is a trusted supplier to a number of tier-one original design manufacturers (ODMs) and original equipment manufacturers (OEMs), a statement said.
"Together, we will continue to develop ever closer relationships with customers in markets such as Taiwan, Japan, South Korea and, not least, China, where we are preparing to build a lithium battery giga factory," added Fisher.
"This partnership will forge even closer relationships with tier-one ODMs and OEMs, and as we grow together, I am convinced that Lithium Werks' research and development (R&D) teams will continue to come up with revolutionary solutions," said CEO of Endrich, Olivia Chang.
Lithium Werks specialises in Lithium Iron Phosphate technology, a lithium-ion chemistry that offers high thermal and chemical stability and is seen as the safest lithium-ion technology available today.
More information at lithiumwerks.com and www.endrich.com.tw.
-- BERNAMA
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