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Posts with tag A123Systems

GE invests in electric vehicle-maker Think, battery-maker A123Systems

by Donald Melanson, posted Mar 6th 2008 at 6:01PM

It looks like electric vehicle-maker Think and battery manufacturer A123Systems have each gotten a pretty big shot in the arm courtesy of GE, which has announced that it's investing in both companies with the goal of making "electric transportation practical and affordable." For Think's part, it'll be receiving some $4 million from GE, which'll apparently be used at least in part to get its TH!NK Ox electric five-seater (pictured above) out the door (t's already in production in Norway). A123Systems, on the other hand, has signed a commercial supply agreement with Think to supply it with Nanophosphate lithium-ion batteries, and it's already received a hefty $20 million from GE (which it's now doing some joint research with). That's all apparently only part of GE's grander plans, which it describes as nothing short of "efforts to enable global electrification of transportation." Be sure to hit up the appropriate link below for a video of some of what Think has in store.

Read- GE Press Release
Read - DN.no, Think video

[Via Autoblog Green, thanks Gunnar]

Toyota delays next-gen Prius while GM inks deal with lithium-ion maker

by Joshua Topolsky, posted Aug 10th 2007 at 10:27PM


It looks like those waiting for the next generation Prius to hit the road are going to have to hold out a little bit longer. Toyota announced this week that it would be delaying plans to bring its plug-in, lithium-ion-based model to market until 2011, as opposed to 2008, due to safety concerns over the company's chosen battery. In very related news, GM has struck a deal with Massachusetts-based battery developer A123 Systems to produce flat lithium-ion batteries for use in upcoming plug-in electric vehicles, such as the Chevy Volt. With regards to whether Toyota's setback could give GM an edge in the electric car game, Vice Chairman Bob Lutz said, "I think that our No. 1 competitor has some problems with their technology, and I do think that it very definitely opens a window of opportunity for us to be first to market with a genuine plug-in hybrid," which sounds like fightin' words, if you ask us.

Read -- Toyota delays next-gen lithium-ion Prius
Read -- GM says it could lead electric car race

A123Systems crafts long-lasting automotive Li-ion for electric cars

by Darren Murph, posted Mar 12th 2007 at 1:11AM


A123Systems most certainly won't go down as the first startup to crank out what could be the batteries that reside in our future electric vehicles, but it seems to be edging ever closer to landing a full-blown contract with General Motors. GM has already selected the Massachusetts-based company to "develop batteries that might be used for the Saturn Vue," and it is pondering the idea of awarding the battery maker a similar deal for the Volt. The firm is garnering a good bit of praise for its "long-lasting, safe rechargeable Li-ions" that could potentially power the all-electric / hybrid vehicles of the future, but rather than relying on "cobalt oxide, it used iron phosphate assembled in a novel, nano-structure." Interestingly, the outfit's current offerings started out with the idea of utilizing self-assembling cells, but after they proved "intractably hard to develop," the idea was scraped in favor of the less pricey Li-ion approach. Still, don't expect these guys to run the table on automotive contracts, as there's already quite a few formidable opponents on the loose.
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