Valence Technology won't go it alone.
The company, which is angling to sell lithium ion battery markets to vehicle makers, has signed a licensing deal with Lishen Battery Stock Co. to help it gets its batteries quicker to market, said CEO Bob Kanode in a recent interview with News.com
Under the deal, Valence will sell its lithium powder to Lishen. Lishen in turn make battery cells out of the material and sell them back to Valence. Valence will then take the cells and make battery packs that it will sell for use in electric cars, military vehicles or … Read more