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For A123Systems, the Massachusetts-based lithium-ion battery maker, 2009 marked the best year yet in its 8-year history in terms of revenue, an IPO and government funding: The company scored a coveted $249 million government grant and its $371 million … Continue reading
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Battery maker A123Systems and plug-in car startup Fisker Automotive, which announced a new partnership on Thursday, seem like natural dance partners. Each exists as an outsider in an entrenched industry, they’re both gearing up for a ramp up in 2011… Continue reading
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Fisker Automotive has traveled a winding road on the way to picking a battery supplier. At long last, here it is: Battery maker A123Systems will supply the battery systems for Fisker’s upcoming plug-in hybrid luxury vehicle, the Fisker Karma, under … Continue reading
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Will 2010 be the year for greentech IPOs? When lithium ion battery maker A123Systems successfully debuted on the Nasdaq back in September, there was much speculation that the move would ready the market for a following of greentech IPOs. The notion see… Continue reading
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A123Systems, the Massachusetts-based battery maker that snagged a big Department of Energy grant and pulled off a successful IPO earlier this year, has just announced a new joint venture in China. Partnering with SAIC Motor — General Motors’ partne… Continue reading
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Amid the buzz over $151 million in awards under the Department of Energy’s high-risk energy research fund and $2.4 billion battery manufacturing program, a third government funding opportunity designed to help small and medium-sized businesses develo… Continue reading
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The meaning of Southern California “car culture” may be poised for a makeover, as the regions around Los Angeles, long notorious for smog, traffic congestion and endless freeways race to take on a greener profile. LA Mayor Antonio Villaraigosa anno… Continue reading
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A123Systems, the Watertown, Mass.-based battery maker that marked a break in the cleantech IPO drought last month with its initial public offering, shortly after raking in $249 million in federal grants, is now heading to Japan. The company announced a… Continue reading
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