Advanced Battery Technologies was unlisted as publicly traded on December 30, 2015, because the company has failed to remain current in its financial filings. went so far as to call the stock defunct, although the company still exists. An article in the online magazine in May 2016 provided the most current information available about the company's stock at that time. The article said, "This company does not file any reports and therefore there is no way to verify the number of shares that are outstanding. This means that the value of any shares held is in question, and once said value is realized, it tends to be worth less more often than it is worth more. Given the lack of available information, any further analysis of this company's share structure would be meaningless."
In March 2011 who, by their own admission, stood to gain if ABAT's stock price declined, accused the company of fraudulently misrepresenting its business interests – pointing out discrepancies between Advanced Battery Technologies filings with the Securities and Exchange Commission and China’s , while also questioning the reliability of distributor relationships and related party transactions. Multiple articles followed in financial opinion and analysis sites. While no fraud was ever proved, and a formal rebuttal was issued, the company failed to file its third quarter 2011 financial statements and was subsequently de-listed from trading on the NASDAQ exchange.
“The advanced batteries industry saw continued growth in 2013. Demand for batteries as an alternative means to power vehicles, grid management equipment, and devices increased in multiple industries around the world.”
Advanced Battery Technologies is most known for its development and manufacturing of . ABAT manufactures customized , , and fitted with unique lithium iron phosphate batteries. According to , the batteries combine "high-energy chemistry with state-of-the-art polymer technology to overcome many of the shortcomings associated with other types of rechargeable batteries."
Advanced Battery Concepts undertakes considerable back to back competitor product testing and has consistently and reliably demonstrated minimum cycle life improvements of between 2x and up to 6x. (Dependent on comparator batteries tested and type of cycle testing undertaken).