Lithium Technology Corp. (LTC, Plymouth Meeting, PA) and the Hengdian Group (China) have signed a letter of intent to enter a joint venture to manufacture rechargeable lithium-ion polymer batteries in China using LTC's patented and proprietary technology. The target for initial production is 2000.Under the terms of the letter of intent, LTC and the Hengdian […]
Yuasa Inc. (Reading, PA) has introduced an upgraded version of its Independence DD valve-regulated lead-acid battery for the telecommunications, UPS and switchgear...
Rayovac Corp. (Madison, WI) announced it has executed an agreement to acquire ROV Ltd., a privately held battery manufacturer based in Latin America, for $120 million. ROV Ltd. had 1997 sales of $84 million. With the purchase of ROV Ltd., Rayovac will control the Rayovac brand rights for battery products worldwide, with the exception of […]