Tag Archives: a123

A123 Systems Signs Battery System Supply Agreement With Navistar

WATERTOWN, Mass., June 7, 2010 (GLOBE NEWSWIRE) — A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate™ lithium ion batteries and systems, today announced a production agreement with Navistar, Inc., a proven leader in worldwide commercial transportation, to supply lithium ion battery systems for electric vehicles (EVs) for the Navistar-Modec EV Alliance, LLC, a joint venture between Navistar and Modec Limited of the U.K.

According to the supply agreement, which builds upon an earlier development agreement that was announced in March 2010, A123 will manufacture battery systems for Navistar‘s eStar electric delivery vehicle at its Livonia, Michigan facility. A number of vehicles have already been shipped to Federal Express as part of the earlier development agreement. The work is partially funded by American Recovery and Reinvestment Act (ARRA) funding, administered by the U.S. Department of Energy. Continue reading A123 Systems Signs Battery System Supply Agreement With Navistar

A123Systems Announces Plan to Build U.S.-based Lithium Ion Battery Mass Production Facilities

Planned $2.3 Billion facilities will support aggressive expansion plan to deliver energy storage systems to A123’s multiple OEM customers in the Electric and Hybrid Electric Vehicle market

Watertown, MA – January 7th, 2009 – A123Systems today announced it has submitted an application under the U.S. Department of Energy’s Advanced Technology Vehicles Manufacturing Incentive Program to qualify for $1.84 billion in direct loans to support the construction of new world-class lithium ion battery manufacturing facilities in the United States, with the first construction location in southeast Michigan. Continue reading A123Systems Announces Plan to Build U.S.-based Lithium Ion Battery Mass Production Facilities

A123Systems Signs Production Contract for Think Electric Vehicles

A123Systems
A123Systems

GENEVA and WASHINGTON – March 5, 2008 – GE (NYSE: GE) announced it is ramping up its efforts to enable global electrification of transportation by investing in Norwegian electric car manufacturer Think, which unveiled a five-seat crossover concept car in Geneva today. To power its vehicles, Think has signed a commercial supply agreement with lithium-ion battery manufacturer A123Systems. GE is in a unique position to help both companies commercialize technology to make electric transportation practical and affordable. Continue reading A123Systems Signs Production Contract for Think Electric Vehicles