Balqon Corp. (BLQN.OB) Secures Partnership with DynaProTech for Zero-Emissions Drive Systems in China
Balqon Corp. develops and manufactures zero emissions, heavy-duty electric vehicles and drive systems. The company today announced it has received a $490,000 purchase order from DynaProTech, a leading composite automotive parts manufacturer in the People's Republic of China. Per the agreement, DynaProTech will integrate Balqon's zero-emissions electric drive systems into electric buses, heavy-duty trucks, light commercial vehicles and automobiles in China. Additionally, DynaProTech will provide servicing and parts for Balqon's products. Balwinder Samra, president and CEO of Balqon, said the agreement symbolizes Balqon’s broader mission to introduce its technologies to various international markets. "Our relationship with DynaProTech is a continuation…