FESC: Receives another RMB116 million lithium battery order from European clients in Oct
2021-11-04 17:31:31 [Print]
On November 1, Far East Smarter Energy Co., Ltd. (FESE) announced that in October, the company received contract orders of more than RMB10 million(USD 1.56 million) won / signed by subsidiaries totaling RMB998 million(USD156 million), including battery orders of about RMB287 million (USD44.9 million) won by Far East Battery in October.
According to the announcement, Far East Battery received orders of RMB140 million (USD21.9 million) for lithium batteries in South Asia, RMB115.5 million (USD18.06 million) for lithium batteries for power tools in Europe and RMB32 million (USD5 million) for domestic lithium batteries in October. Far East Battery announced earlier that it would focus on the power tool market, and this order shows that its power tool lithium battery products have been recognized by European clients, and the battery business has officially entered the European tool market.
According to the announcement, Far East Battery received orders of RMB140 million (USD21.9 million) for lithium batteries in South Asia, RMB115.5 million (USD18.06 million) for lithium batteries for power tools in Europe and RMB32 million (USD5 million) for domestic lithium batteries in October. Far East Battery announced earlier that it would focus on the power tool market, and this order shows that its power tool lithium battery products have been recognized by European clients, and the battery business has officially entered the European tool market.
Lithium Iron Phosphate Li 3.9%min Delivered China
Unit:RMB/mt
China lithium carbonate 99.5%mi producers' sales volume statistics by province by month
Unit: mt
