Powerzinc has signed an Agreement to license Powerzinc’s iGO brand dual power-source electric bicycles on OEM basis to a leading car components manufacturer in Jiangsu province of China. Under the planned agreement, the manufacturer will produce 36,000 units of zinc-air fuel cell bicycles (model TDN0202Z) for Powerzinc in the first year. It will also become one of Powerzinc’s e-bike distributors in Jiangsu province. This would mark the first time that Powerzinc’s high performance iGO bicycles will be made available to OEMs.