December 20, 2018
Advanced Battery Concepts is very pleased to announce that European battery manufacturer Monbat has acquired licensing rights to its full suite of GreenSeal® Bipolar Lead battery technologies.
Monbat is a respected European manufacturer of Lead batteries supplying multiple market segments including automotive, stationary and deep cycle applications and serving over 60 countries spanning the European, Central Asian and African markets.
Dr. Ed Shaffer, CEO and Founder of Advanced Battery Concepts commented, “Monbat has demonstrated vision and determination in our discussions. Monbat’s commitment to GreenSeal® technology is very exciting and their plans for GreenSeal® technology rollout to their products and markets is very aggressive. We are very happy to have Monbat as a partner.”
Read the full press release here.