Armed with this new approach, signed its exclusive partnership with Black &
Decker (2005), initially to provide batteries for the DeWALT power tools brand,
and later for Black & Decker tools as well, beating out the Japanese supplier at
the time. Since then, the company has closed new rounds of financing, made
three acquisitions, and opened a series of plants in China.
with a ten-fold lifespan that could be produced with conventional manufacturing
techniques.