First Battery Purchase Orders for Near-Term Delivery from Fortune Global 500 Asian Automotive OEM Issued via EN+ Manufacturing Bench-Scale Products to Support OEM's Qualification & Evaluation Activities Near-Term Revenue Expectation with Product Manufacturing Underway & Delivery Scheduled Upon Completion Production Executed at NEO's New Operational Battery Manufacturing Facility in Gimje, South Korea
NEO Battery Materials Ltd. , a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and electronics, is pleased to receive its first purchase orders for near-term delivery from a Fortune Global 500 Asian automotive original equipment manufacturer . The lithium-ion battery orders were issued through ENPLUS Co. , a...