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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