Phylion rolls out 10 million LEV Lithium-ion Battery Packs

China's leading LEV li-ion battery manufacturer, Phylion, successfully rolled out 10 million li-ion battery packs. In 2003, Phylion delivered the first Light Electric Vehicle li-ion battery from the product line. The growth in demand saw the sales figure reaching 4 million in 2016 and subsequently 8 million in late 2018. The last year saw the company selling more than 2 million packs indicating a tremendous growth in the EV segment globally.

On achieving this milestone, Mr. FENG Xiao, Chairman and President of Phylion said, "Making lithium-ion battery is a conscience work, we need to be very pragmatic and rigorous, mistakes are not allowed because we are responsible for millions of users. Since our establishment, Phylion has made up its mind to focus on both quality and cost."

With over a decade of experience in the LI Ion space coupled with several years of intensive research and development and an aggressive outreach programme for all stakeholders in the industry, Phylion constantly develops new technologies, such as efficient after-sales APP for online detection service and vehicle-based intelligent service platform.

Phylion will continue to cultivate the global EV lithium-ion battery market, and will expand its market base from China, Europe and India to the rest of the world.

Source : Equity Bulls

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