- The two companies will also support each other’s effort in R&D relating to lithium-ion battery manufacture
- Manz has a segment dealing in energy storage industry solutions with lithium-ion batteries taking the lead
According to a report by Energy-storage, Manz AG has signed an agreement with China’s Shenzhen Yinghe Technology for strategic cooperation to produce lithium-ion cell and module. The report also said that the two companies will also support each other’s effort in R&D relating to lithium-ion battery manufacture.
The report said that each company will retain its existing intellectual property (IP). They will jointly developed solutions will belong to the pair together. Manz said that with Yinghe, they will “jointly offer their customers the best production technology from the respective product portfolio within the framework of a licensing model” as per the report.
Flat panel display
Manz is known in the solar PV industry as a supplier of manufacturing equipment to production lines. It also has other lines of businesses like flat panel display. It also has a segment dealing in energy storage industry solutions with lithium-ion batteries taking the lead.