Ankai Automobile and OptimumNano have entered into a strategic cooperation agreement. Upon the agreement, OptimumNano will purchase 200 buses from Ankai and Ankai will purchase batteries from OptimumNao. Ankai will need to buy two packs of batteries for every all-electric bus to be sold to OptimumNano. OptimumNano will strive to buy 1,000 all-electric buses from Ankai and Ankai will buy 2,000 packs of batteries from OptimumNano in 2017.