Chinese battery producer DLG Battery Co. Ltd. and Lithium Australia joined forces to implement lithium-ion batteries, packs and modules for the Australian market. Both companies identified hurdles regarding the delivery of lithium-ion batteries into Australia’s supply chain. Prior to entering Australia, DLG will complete a business plan that will adequately service the lithium-ion battery demand and the rapidly growing energy storage industries. For this both intend to incorporate “Lithium Australia DLG” as a 50:50-owned business.
"Lithium Australia's partnership with DLG will provides with first-mover advantage in the supply of batteries designed specifically for Australian conditions and create a stable supply chain. That will provide equipment manufacturers with regular and reliable supplies of LIBs held as stock in Australia.” said Adrian Griffin, Managing Director, from Lithium Australia.
As well as marketing and distribution throughout Australia, Lithium Australia and DLG will collaborate on the further cathode and battery development.
Source: Lithium Australia | www.lithium-au.com
Image Source: Lithium Australia | www.lithium-au.com
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