Advanced Battery Technologies, a developer, manufacturer and distributor of rechargeable Polymer Lithium-ion (PLI) batteries as well as a manufacturer of electric vehicles, has obtained approximately $1.7m in new orders for electric vehicles during the International Bicycle Expo held in Shanghai from April 27 to 30, 2010.

The company received recognition for its products’ performance and design. During the Expo, the company signed sales contracts with five customers from Europe, including Germany, Denmark, and Netherlands. The company will deliver lithium ion LiFePO4 battery-powered scooters to these European customers within the next twelve months.

The management expects to receive additional orders from these new customers after they become more familiar with the quality of the products, the company said.

Zhiguo Fu, CEO of Advanced Battery technologies, said: “The new orders demonstrate management’s significant progress in serving overseas customers after our previously announced product promotion conference held at the end of March. We will continue to promote our products to overseas distributors by providing state of the art products capable of meeting the diverse demands of their customers.”