Highpower Technology (NASDAQ:HPJ) is a clean energy company focused on the development, manufacturing and marketing of nickel-metal hydride (Ni-MH) and lithium-ion (Li-Ion) rechargeable batteries and related products for both consumer and industrial applications. The company's new recycling center enables it to reprocess raw materials from waste batteries to reuse in new battery production. Several recent press releases are very bullish catalysts going forward.
Case-in-point: yesterday Highpower announced its 20Ah lithium-ion battery product (Model: IESPD201E) received product approval by China's National Quality Control & Inspection Center for Buses. Mr. Wenliang Li, Chief Technology Officer of Highpower, had this to say:
China will become the largest market for electric buses within the decade. This is another significant milestone for Highpower...
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