ZAP (Sebastopol, CA) announced that it has taken an equity position in Zibo Enterprises Co. Ltd. (China), a manufacturer of advanced battery technology. In September, ZAP unveiled its ZAP Portable Energy™, a lithium-ion battery system developed in conjunction with Zibo Enterprises.
The ZAP Portable Energy is designed to extend the running time for various low-powered electronic devices like cell phones, digital cameras and hand-held computers. ZAP and Zibo are currently in discussions on future products related to the development of advanced batteries designed for larger formats.
