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A123 Systems Opens the Largest Lithium Ion Automotive Battery Manufacturing Plant in North America

A123 Systems Opens the Largest Lithium Ion Automotive Battery Manufacturing Plant in North America

LIVONIA, Mich., Sept. 13, 2010 (GLOBE NEWSWIRE) – A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate™lithium ion batteries and systems, today announced the grand opening of the largest lithium ion automotive battery production facility in North America, based on available data. The new plant in Livonia, Mich. is expected to expand A123′s manufacturing capabilities by up to 600MW hours per year...

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A123 Systems Signs Battery System Supply Agreement With Navistar

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...

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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...

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Better Battery Technology Could Soon Power Your Car

ECOstrive – A123Systems has a battery technology that powers DeWalt tools today, but could be powering electric and Plug-in Hybrid cars tomorrow. DeWalt’s new 36 volt cordless systems use A123Systems’ new m1 Nanophosphate™ lithium ion battery technology to get 2 to 3 times the run time, and cut charging time to about 1 hour. But the real promise will be the use in electric vehicles. The technology yields an incredible...

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