PRIME designs, manufactures and markets Lithium-ion batteries and tailor-made battery packs. We serve a wide variety of industries, including automotive, marine, industrial & material handling, energy storage. In cooperation with strategic partners, PRIME produces batteries for significantly less cost using the concept of smart factory, innovative manufacturing, reduction of waste, and the simple optimization of locating most manufacturing process under one roof. We expect to lower our battery cells production cost with more than 20 percent.