A123Batteries

A123 Systems had a tough second quarter with an increased loss and the loss of potential business with Chrysler. A123 had been named by Chrysler as its electric vehicle battery supplier early in 2009. Unfortunately, Chrysler's ENVI division was dissolved late last year following the company's ...

Massachusetts-based A123 Systems has been one of the rising stars of the lithium battery field in the last several years. In spite of that, the company that was started by a team of MIT researchers has struggled to raise cash to manufacture automotive cells in the United States. Ultimately, the ...

At the same time that A123 Systems was announcing its deal to supply lithium ion batteries to Fisker Automotive last week, the Massachusetts-based company announced a major expansion of its production capacity. A123 already has one plant running in Novi, MI, (northwest of Detroit) and there is a ...

We haven't heard much from A123 Systems in recent months, other than the battery maker's public stock offering. Its best shot at a major automotive battery program seemed to be with Chrysler, until we found out that all those plug-in vehicles we saw in Detroit last January had been pretty much ...

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 Japan, a market that already has a number of domestic ...

Pegging down future automobile product plans is hard enough in a normal economy. With the current state of affairs, it's like grabbing a snowflake with a heated fork. It's damn hard and you have to start over as soon as you think you got it ...

Earlier this week, Chrysler confirmed it would be using battery packs supplied by A123, an American company that specializes in high-tech lithium ion battery technology, to power future electric vehicles as part of its ENVI program. To make this deal work out, A123 will build an assembly plant ...

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 shocking revelation by any means, considering that the ...

Tier 1 auto parts supplier Delphi, which emerged as an offshoot of General Motors over a decade ago, has announced that it will supply hybrid powertrain components to Chinese automaker Shanghai Auto, better known as SAIC. This shouldn't come as too much of a surprise, considering that SAIC is GM's ...

As we reported a few months back, all signs point to Compact Power, a subsidiary of LG Chem, being awarded the big initial battery contract for the upcoming Chevy Volt. Why? There are some obvious reasons, including that Compact Power was able to get its battery packs to the General a full two ...