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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 →

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 ...

Hybrid Volvo buses and trucks to use Magna Steyr batteries, A123 cells Sam Abuelsamid

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 ...

New investments by GE and others net A123 Systems another $69 million Sam Abuelsamid

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 ...

A123 applies for $1.84 billion in DOE loans for battery manufacturing Sam Abuelsamid

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 ...

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 ...

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 ...

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 ...

San Francisco to take delivery of three plug-in Priuses 1 year ago on Autoblog Green

Later today, San Francisco Mayor Gavin Newsom is expected to take delivery of three newly-converted plug-in Toyota Priuses. The cars will be used by the city and county for official business. The conversions were done by the crew at Pat's Garage in San Francisco using a kit from Hymotion. Hymotion ...

Renault-Nissan may use A123 batteries in addition to in-house units 1 year ago on Autoblog Green

A123 Systems may be picking up another customer for their lithium ion batteries. Renault and Nissan, which up until now had been working with batteries from Nissan's partnership with NEC, are considering cells from the Massachusetts based supplier. A123 has a partnership with Continental to supply ...

Continental/A123 battery pack not turning up till after the holidays 1 year ago on Autoblog Green

Our friend Lyle over GM-Volt.com has a couple of new stories up that deserve a little clarification. For those unfamiliar with the site, it's content is pretty self explanatory from the title. There is usually a pretty lively discussion going on there regarding the most anticipated new car from ...

A123 Systems to supply lithium ion starter batteries to Cessna 2 years ago on Autoblog Green

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 lead acid and nickel cadmium starter batteries on the ...


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