SOURCE: World Street Fundamentals

May 20, 2011 09:15 ET

Lithium Suppliers Reposition for Delicate Balance -- Equity Research on A123 Systems, Inc. and Advanced Battery Technologies, Inc.

HONG KONG--(Marketwire - May 20, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting A123 Systems, Inc. (NASDAQ: AONE) and Advanced Battery Technologies, Inc. (NASDAQ: ABAT). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.

Many lithium research analysts believe the global recession places the industry into over-supply through 2013, with a return to balance expected through to 2017 considering existing supply. With the addition of total pipeline projects, the over-supply scenario is projected to continue as late as 2018. Regardless, lithium producers with established pipelines and secondary lithium users, such as manufacturing batteries, can still anticipate growth through the coming decade as they are able to leverage market position to their advantage.

World Street Fundamentals has highlighted A123 Systems, Inc. for its focus on designing, developing, manufacturing and selling rechargeable lithium-ion batteries and battery systems, and provides research and development services to government agencies and commercial customers. In the transportation industry market, the Company works with global automotive manufacturers and tier 1 suppliers to develop batteries and battery systems for hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and electric vehicles, (EVs).

The Company's cylindrical batteries are available for use in automotive and heavy duty vehicles. Its product offerings include batteries in a number of sizes and forms, as well as packaged modules and fully-tested battery systems. The platform for battery and battery system development is the Company's Nanophosphate material. The entire report on A123 Systems, Inc. (NASDAQ: AONE) is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.

World Street has highlighted Advanced Battery Technologies, Inc. for its one direct subsidiary, Cashtech Investment Limited. Cashtech Investment Limited is also a holding company with two subsidiaries: Harbin ZhongQiang Power-Tech Co., Ltd. (Harbin ZQPT), which manages the assets and operations of Heilongjiang ZhongQiang Power-Tech Co., Ltd. (ZQ Power-Tech), and Wuxi ZhongQiang Autocycle Co., Ltd., which is engaged in the business of manufacturing and distributing electric vehicles that utilize batteries manufactured by ZQ Power-Tech. The entire report on Advanced Battery Technologies, Inc. (NASDAQ: ABAT) is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.

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