The project “industrial development of high performance hydrogen storage alloy used for MH/Ni batteries to hybrid electric vehicles” in our company was supported by the special fund for circular economy development of Beijing Haidian District Development and Reform Commission in January 2010.

This project can supply quite a lot of excellent hydrogen storage alloys used for MH/Ni batteries to hybrid electric vehicles and electric vehicles, which can meet the special need of high power batteries. The success of the project will promote the development and application of hybrid electric vehicles and electric vehicles, which can reduce the environmental pollution, and foster the environmental-friendly industry. As a result, there will be great economic and social benefits.