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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. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China.

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Boston-Power Pursuing $100M in Federal Funds for Li-Ion Plant in Massachusetts; Introduces High-Energy Swing for EVs and PHEVs

Green Car Congress

Boston-Power, Inc., maker of the long-lasting, fast-charging Sonata Li-ion battery for laptops, is planning to build a 455,000 square foot manufacturing facility in Auburn, Massachusetts that would complement its existing China-based operations. Boston-Power uses cobalt and manganese on the cathode with graphite on the anode.

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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? Why grant them the privledge to spend our money in the first place? Forget the black helicopter conspiracies. Its been improving over time, but the power density and cost issues are still steep for what exists thus far. Interesting in any case.

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