Highpower International Delivers Electrical Vehicle (EV) Battery System to Harbin Institute of Technology

Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer, and marketer of nickel-metal hydride (Ni-MH) and lithium rechargeable batteries and battery solutions, today announced that it successfully delivered an advanced electric vehicle (EV) battery system to the Harbin Institute of Technology (HIT).The EV battery was installed on an electric race car designed by HIT and was used for electrical car racing at Formula SAE China, which took place in Xiangyang, Hubei Province from October 15^th to October 19^th, 2013.

"The Formula SAE China is a perfect forum to showcase this significant milestone for Highpower as it allows us to display our capabilities to design and manufacture effective power battery systems for electric high speed racing cars. We plan to continue to pursue the growing EV market," said Mr. George Pan, CEO of Highpower International.

Mr. Wenliang Li, CTO of Highpower International, added, "Highpower's engineers selected 7.5Ah high-rate discharging cells which are made of ternary lithium manganese, to satisfy weight, size, power, and energy density required by the Harbin Institute of Technology. Our power battery system can achieve active energy balancing and has a real-time, remote management system to track the battery system's working status."

Additional information about the event can be found on our website: http://www.highpowertech.com/product_903cc7be42d6fae3.html

About Formula SAE

Formula SAE is an established educational motorsport competition, hosted by the Society of Automotive Engineers (SAE). The competition aims to inspire and develop enterprising and innovative young engineers. Universities from across the globe are challenged to design and build a single-seat racing car in order to compete in static and dynamic events, which demonstrate their understanding and test the performance of the vehicle. The format of the event is such that it provides an ideal opportunity for the students to demonstrate and improve their capabilities to deliver a complex and integrated product in the demanding environment of a motorsport competition.

About Highpower International, Inc.

Highpower International was founded in 2001 and produces high-quality Nickel-Metal Hydride (Ni-MH) and lithium-based rechargeable batteries used in a wide range of applications such as mobile devices, computer tablets, electric bikes, energy storage systems, power tools, medical equipment, digital and electronic devices, personal care products, and lighting, etc. With over 3,000 employees and advanced manufacturing facilities located in Shenzhen and Huizhou of China, Highpower is committed to clean technology, not only in the products it makes, but also in the processes of production. The majority of Highpower International's products are distributed to worldwide markets mainly in the United States, Europe, China and Southeast Asia.

Forward-Looking Statements

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