Saturday, February 11, 2012

Chinese battery manufacturer

The Shanghai Huyai Group, a Chinese state-owned chemical company, paid US$20 million to acquire the US battery manufacturer. In 2001, Moltech filed for bankruptcy because of competition from Chinese producers of rechargeable batteries.

Revpower, a US-owned and Hong Kong-based battery maker, used an international arbitration board Kong-based battery maker, used an international arbitration board to settle a dispute with its Chinese joint venture partne





The Chinese Tao of Business: The Logic of Successful Business Strategy
By George T. Haley, Usha C. V. Haley, Chin Tiong Tan

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