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GE sees the electric car light, invests in Th!nk and A123

Mar 5th 2008 3:36PM - 26 Comments

Just as I thought I was recovering from the shock of the new Th!nk Ox concept announcement, today's press release from GE made me feel like I was caught up in a Ronco commercial, "But wait, there's more!" No, GE is not getting into Super Bass o' ...

A123: History and Progress

Apr 30th 2008 5:25PM - 19 Comments

Upstart lithium battery maker A123 is a lesson in how fast things can move in the battery space. The MIT Technology Review has a story, An Electrifying Startup, in its May/June issue recounting the tale. Founded in late 2001, small amounts of ...

GE doubles down on A123, in for $55 million

Oct 22nd 2008 8:05PM - 4 Comments

digg_url = 'http://digg.com/business_finance/GE_doubles_down_on_A123_battery_maker_in_for_55_million'; GE had already demonstrated to us that it had an affinity for lithium ion battery maker A123 Systems with its $20 million investment. Now comes ...

A123 Systems partners with IHI to sell lithium batteries in Japan

Oct 29th 2009 2:03PM - 6 Comments

A123 Systems has garnered plenty of attention for its lithium ion battery technology over the last several years, mostly here in the United States. The Massachusetts-based startup has now formed a partnership with IHI to market its batteries in ...

A123Systems buys out Hymotion

May 3rd 2007 2:43PM - 2 Comments

Hot on the heels of A123Systems announcing that they would start selling plug-in hybrid conversion kits that are developed with Hymotion, A123 is now buying Hymotion outright. Hymotion developed and fabricates battery packs that can be installed in ...

A123 Systems files for initial public offering

Aug 8th 2008 2:46PM - 1 Comment

Many of you who have been pestering us in the comments for the past couple of years about wanting to invest in A123 Systems and you may now have your chance. A123 is the Massachusetts based company that has developed a lithium ion battery chemistry ...

New York Times on A123Systems batteries

Mar 12th 2007 3:02PM - 1 Comment

A123 Systems is getting a lot of media attention lately for their lithium ion battery developments right now and the New York Times has jumped on the bandwagon. A123 who is partnering with Cobasys was one of two companies that recently got ...

Video, Nail drilled through A123 battery

Aug 13th 2007 11:56AM - 12 Comments

digg_url = 'http://digg.com/offbeat_news/Video_How_to_explode_a_battery'; A123 is the battery for the Chevy Volt. We live blogged that news for you. One of the selling points of the battery is safety. How safe is it? Ric Fulop and David Vieau of ...

A123 Systems IPO a go!

May 1st 2008 1:38PM - 4 Comments

A123 Systems is pretty hot right now. How hot? It's got more sizzle than the A123-powered Killacycle (pictured above). It's been on the receiving end of $100 million investment dollars in a little over a year. That's definitely hot. And it's not all ...

Shocking! A123 employees did not drive the Volt!

Jul 18th 2007 8:54AM - 4 Comments

Apparently the report in the Detroit Free Press that said that stated that employees at A123 Systems in Massachusetts got to drive a Chevy Volt prototype were completely erroneous. General Motors did bring the concept from the Detroit Auto Show, but ...

A123 Systems goes public, stock jumps 50% on first day to $20.29

Sep 25th 2009 11:30AM - 6 Comments

Massachusetts-based battery maker A123 Systems finally completed its initial public offering on Thursday. The lithium ion start-up offered 28,180,501 shares of its common stock at an opening price of $13.50 a share. Apparently, traders on the Nasdaq ...

A123 Systems to supply lithium ion starter batteries to Cessna

Sep 20th 2007 11:13AM - 1 Comment

General Motors is not the only transportation company getting lithium ion batteries from A123 Systems. The Massachusetts-based battery developer has inked a deal to supply battery packs to Cessna. Cessna will use the lithium packs replace current ...

Chrysler to use A123 cells in its electric vehicles

Apr 6th 2009 12:41PM - 14 Comments

Click above for a high-res gallery of the Dodge Circuit EV Chrysler has just announced that it has signed an official agreement to use battery packs from A123 in its planned electric vehicles and extended-range electric vehicles. This isn't a ...

A123 batteries gets another $40 million in funding

Jan 25th 2007 1:53PM - 0 Comments

One of the hot battery companies in the electric vehicle space right now is A123 systems. They just announced another round of venture funding of $40 million, bringing their total so far to $102 million. The main investor this time was General ...

A123 Systems gets another patent on Nanophosphate electrodes

Mar 5th 2008 4:40PM - 4 Comments

For once the U.S. Patent and Trademark office has issued a patent on an actual invention rather than some vague business method or an all-encompassing idea like downloading files. A123 Systems has been issued patent 7,338,734 for a "Conductive ...

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