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A123Systems


A123 Systems partners with IHI to sell lithium batteries in Japan

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 suppliers. According to IHI, it favors the A123 batteries because they are lower in cost. A123's battery chemistry has an advantage over other suppliers because it uses no rare earth materials. Rare earths are becoming increasingly important ... Read more →

EcoCAR, Year Two starts in Boston; student engineers cleaning up the Saturn Vue Sebastian Blanco

GM may have discarded the Saturn brand in the company's bankruptcy, but there are still at least 150 young engineers working hard to turn a Saturn Vue into the most efficient vehicle possible. The ...

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

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 ...

Magnetti Marelli signs deal for development and production of batteries Sam Abuelsamid

Magneti Marelli has just signed a deal with Italian battery maker FAAM SpA to cooperate on development and production of lithium ion batteries. Marelli is a parts-making subsidiary of Fiat and the ...

Obama announces battery grants: Big Three, Michigan, li-ion companies come out winners Sebastian Blanco

At the closed and then re-openend Monaco Recreational Vehicle plant in Indiana today, President Obama will announce exactly how $2.4 billion in Recovery Act grant money will be spent on advanced ...

Hybrid Volvo buses and trucks to use Magna Steyr batteries, A123 cells 3 months ago on Autoblog Green

It looks like Ford won't be the only company getting lithium ion battery packs from Magna International. The Magna Steyr division of the supplier announced last week that it will begin production of packs at its plant in Graz, Austria next month. The packs will be supplied to Volvo for use in its ...

Chrysler bankruptcy: what happens with the electric car plans? to A123 Systems? 6 months ago on Autoblog Green

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 figured out. Still, we were curious about what ...

New investments by GE and others net A123 Systems another $69 million 6 months ago on Autoblog Green

With the closing of the latest round of private fund raising, Massachusetts-based A123 Systems now has an extra $69 million in the bank. General Electric put up $15 million of that amount, bringing its ownership stake in the advanced battery startup to more than 10 percent, the single largest ...

A123 will build battery plant in Michigan regardless of status of federal loans 7 months ago on Autoblog Green

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 to use A123 cells in its electric vehicles 7 months ago on Autoblog Green

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 ENVI vehicles have been fitted with cells from A123 all ...

Delphi to supply mild hybrid hardware to SAIC in China 7 months ago on Autoblog Green

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 ...

MIT GreenWheel: Simply an electric bicycle revolution 8 months ago on Autoblog Green

One definition of the word elegant is "to be gracefully concise and simple." In the future, the dictionary just might include the GreenWheel as a product that illustrates this principle perfectly. From the MIT Smartcities team that gave us the stackable cars concept and the RoboScooter (still a ...

A123 applies for $1.84 billion in DOE loans for battery manufacturing 10 months ago on Autoblog Green

A123 Systems announced today that it has applied for $1.84 billion in loans from the Department of Energy to help contribute to the $2.3 billion required to pay for the construction of battery plants in the United States. In what should be good news for Michigan, the first of the facilities A123 is ...

Possible reasons A123 lost the Chevy Volt contract 11 months ago on Autoblog Green

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 ...

SEMA 2008: Making Green Cool Zone cars 12 months ago on Autoblog Green

There were a lot of crazy, over-the-top and outrageous vehicles at SEMA again this year. Some of those vehicles were boosted, blinged, airbrushed and lifted to within an inch of their lives. Crazy lift kits, fat tires, superchargers and turbos, horsepower levels of 400, 650, 750 and even well ...

Better Place to test A123 batteries in American car? 1 year ago on Autoblog Green

A123 Systems may (repeat, may) have lost out on being the initial supplier of Chevy Volt batteries but that doesn't mean they are down and out. In fact, it appears that their lithium-iron-phosphate batteries will have energy storage duties for the electric cars of Better Place. Or at least some of ...

Popular Mechanics tries out the A123/Hymotion PHEV Prius 1 year ago on Autoblog Green

At least a few dozen people around the country have now done one-off conversions of hybrids like the Toyota Prius and Ford Escape to transform them into plug-in vehicles. For those who may not have the hardware hacker gene in their DNA, the first commercially available plug-in conversion kit is now ...

VIDEO: Killacycle sets new record, takes back crown 1 year ago on Autoblog Green

The A123-powered Killacycle crew are at it again and this time it's for keepsies. Although they've been making similarly speedy runs down the quarter-mile strip for some time, on the 23rd of October at the Bandimere Speedway they dotted their i's and crossed their t's to set an official Nedra ...

GE doubles down on A123, in for $55 million 1 year ago on Autoblog Green

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 news that the corporate giant had made a 6th ...

A123 Systems may supply batteries for Chrysler ER-EV 1 year ago on Autoblog Green

Most of the rumors in recent months have indicated that LG Chem/CPI have the upper hand and are likely to be chosen by General Motors to supply the lithium ion battery packs for the Chevrolet Volt. However, there are plenty of electric drive vehicle projects out there and just because A123 systems ...

Senator puts his money where his mouth is, plugs in his Prius 1 year ago on Autoblog Green

Senator Lamar Alexander has put his money where his energy policy mouth is and shelled out the $10,000 it costs to have a Prius converted by A123 Systems to a plug-in type hybrid. The senator says he gets 30 miles out of the lithium ion battery before the engine is called upon to do some work. ...

Lutz says a Volt battery supplier selected, won't say who 1 year ago on Autoblog Green

At a preview of GM's 2009 model year lineup yesterday in Jolliet IL, Bob Lutz revealed that the production supplier for the Chevy Volt battery has been selected. Unfortunately, the GM Vice Chairman would not say which of the development suppliers had been selected. Two partnerships have been ...

Is A123 Systems losing Black and Decker before its IPO? 1 year ago on Autoblog Green

Just last week we found out that lithium ion battery maker A123 Systems had filed the first batch of paperwork required for it to make an initial public stock sale. Having tried to read through a few of these kinds of filings in the past, we took a pass this time around. Fortunately our friends at ...

A123 Systems files for initial public offering 1 year ago on Autoblog Green

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 based on nano particle iron phosphate. A123 has two ...

Th!nk to build cars in North America + Video 1 year ago on Autoblog Green

Back in April, Th!nk made it known that they would be selling its all-electric "City" car in America in 2009 with a sub $25,000 price tag. With an ambitious desire to ramp up future North American sales into the 50,000 unit-per-year range, Th!nk and its financial backers have realized it doesn't ...

A123 Systems gets $12.5 million PHEV battery deal from USABC 1 year ago on Autoblog Green

A123 Systems has just earned yet another development contract for developing lithium ion cells for plug-in hybrid applications. The US Advanced Battery Consortium and the Department of Energy have awarded a $12.5 million, 36 month contract to A123. The company has already been working on several ...

A123 Systems IPO a go! 1 year ago on Autoblog Green

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 about "what ifs" and "could bes", these guys are ...

Hymotion launching Prius plug-in conversion kits 1 year ago on Autoblog Green

All you Prius owners out there who have been waiting patiently to to start running on grid power can almost stop holding your breath. Hymotion, the company that has been developing a plug-in kit for the Prius, has now started taking deposits for the L5 conversion kit. The kit costs $9,995 plus $400 ...

A123Systems gets extra $30 M to expand production capacity for EV batteries 2 years ago on Autoblog Green

A123Systems recently completed a $30m round of fund raising, bringing total investments to $132 million. According to the company, the money will increase production capacity for batteries in pure electric, standard hybrids and plug-in hybrids. The cars are coming from major automakers "including a ...

Hymotion preparing to expand PHEV retrofit business 2 years ago on Autoblog Green

Ricardo Bazzarella and his partner Akos Toth founded Hymotion only two years ago. In that time they have developed a conversion kit for retrofitting Toyota Priuses and Ford Escapes to plug-in hybrid capability and were bought by A123 Systems last May. Since launching they have converted and ...

Video, Nail drilled through A123 battery 2 years ago on Autoblog Green

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 gave us their answers, but look for ...

AutoblogGreen Q&A: Ric Fulop and David Vieau of A123 systems 2 years ago on Autoblog Green

Following the announcement from General Motors the other day of a much closer working relationship with A123 Systems for development of the lithium ion battery cells for the Chevy Volt, AutoblogGreen sat down to talk with David Vieau and Ric Fulop of A123. Ric is the Vice President of business ...

Shocking! A123 employees did not drive the Volt! 2 years ago on Autoblog Green

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 that doesn't have a lithium ion battery pack in ...

A123 Systems employees get to drive the Chevy Volt 2 years ago on Autoblog Green

A123 Systems, based in Massachusetts, was included in Congressional hearings the last few days discussing the conversion of hybrid vehicles to plug-ins. We have covered this story a few times already, so I won't be discussing it here, but something else of interest apparently came out in the ...

A123 co-founder talks about developing batteries for the Chevy Volt 2 years ago on Autoblog Green

Lyle over at the GM-Volt site managed to snag an interview Dr. Bart Riley. Dr. Riley is one of the co-founders and vice-president of R&D of Massachusetts based battery maker A123 Systems. A123 is one of the leaders in the field of designing and producing lithium ion cells. They are currently ...

A123Systems buys out Hymotion 2 years ago on Autoblog Green

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 the spare tire well of a Toyota Prius. The battery ...

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