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Li-ion maker Boston-Power adds $30M in funding; China expansion

Green Car Congress

Boston-Power, Inc. Long-standing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated. '. Boston-Power recently broke ground on its new manufacturing site in Liyang. Concurrently, Boston-Power is establishing an R&D and EV battery engineering facility in Beijing.

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

Green Car Congress

Boston-Power, Inc., a provider of next-generation lithium-ion battery cells, modules and systems ( earlier post ), has entered a multi-year agreement to provide lithium-ion battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of Beijing Automotive Industry Company (BAIC). Earlier post.).

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

Boston-Power, Inc., a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. Existing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated in the round.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

One wonders if the recent headway at MIT in building lithium ion cells using ?virus? Engineering proptypes enjoy a tax break. Companies can not sell engineering prototypes in which the company got R&D tax breaks in developing the product. We are addicted to the gasoline tax both at the State and Federal level.

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