Balqon Corp. develops and manufactures zero emissions, heavy-duty electric vehicles and drive systems. The company today announced it has received a $490,000 purchase order from DynaProTech, a leading composite automotive parts manufacturer in the People’s Republic of China.
Per the agreement, DynaProTech will integrate Balqon’s zero-emissions electric drive systems into electric buses, heavy-duty trucks, light commercial vehicles and automobiles in China. Additionally, DynaProTech will provide servicing and parts for Balqon’s products.
Balwinder Samra, president and CEO of Balqon, said the agreement symbolizes Balqon’s broader mission to introduce its technologies to various international markets.
“Our relationship with DynaProTech is a continuation of our localization strategy to have our drive systems integrated into products manufactured by regional original equipment manufacturers (OEMs) in major world markets,” Samra stated in the press release.
Samra also said that Balqon’s relationship with DynaProTech will open the door for additional industry recognition of Balqon’s technologies.
“We believe that DynaProTech’s existing customer base in the automotive sector will expedite our ability to promote our technologies to a growing base of OEMs seeking zero-emissions technologies. In addition, we believe that our relationship with DynaProTech will also allow us to showcase our flux vector motor controllers and battery management systems to manufacturers of electric buses, trucks and automobiles in China.”
For more information visit www.balqon.com
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