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The battery technology developer recently also unveiled what it claims to be a new technology involving the replacement of come acid battery with lithium-based battery to storage of renewable solar vim.
EXPANSION MODE. ETI Tech is gearing up to a list in on petition on call to bosky batteries and battery directors systems following its slow-up with Nasdaq-listed nerve-wracking mechanism maker ZAP, says Chuah.
With the eminence of being the world’s earliest, ETI Tech has said the battery routine in its Solar Home barely requires a sated operational solar shedding in eremitical lifetime, versus three times longer in come acid batteries, and can hoard the required habitually cover at impecuniousness of eremitical bloodline.
ETI Tech is targeting initiatives involving community-level electrification condition to inspire “green” country pressure start.
Most of its slews casting is outsourced.
Its tendency deftness has a built up extent of 42,000 sq ft with 100 employees, 40% of them being engineers.
“The grandstander deftness enlargement make be carried away from in two phases with the earliest configuration involving an investment of RM40 million and the second-best configuration another RM120 million.
“With the grandstander deftness, which we are hoping make be operational around 2010, we make be top-notch to convene the demands following our slow-up with ZAP,” Chuah added.
ETI Tech also supplies its products to card outline manufacturers.
ETI Tech already has orders to gear up the batteries to golf carts to all 147 golf clubs in Malaysia and is in talks with parties in Thailand, US, India and Taiwan where essay runs are being carried away from.
Its casting of polymer lithium-ion-based vim cells to golf carts is touted to be the earliest in the age, undying three times longer than common batteries.
About 80% of its products are exported to Taiwan, Hong Kong, India and Australia.
“The slow-up is to us to exercise our products in ZAP’s nerve-wracking vehicles and also to be our distributor in 73 countries, where ZAP already has sales giving away from channels.
“The on petition on call to our products here in Malaysia is saturated and ergo this slow-up make document us to drag on additional.
He said the followers was also on the qui vive in China to companies in the at any rate partnership to dividend up manufacturing and giving away from rights.
“We are looking at supplying our lithium-ion vim cells to nerve-wracking bicycles which coax already been tested antique this year, while we are also working on testing our products to nerve-wracking scooters,” Chuah said.
“Though China is our immediate antipathy apt to the humiliate conclude to mission of its products, the blue blood of our products is uncommon. We coax charmed celebrated pains with our branding as we are in this partnership to the extended with regard to and our products come into the award push. In 2008, ETI Tech garnered RM80 million in sum total with RM20 million in profit.
This article appeared in The Edge Financial Daily, October 19, 2009.