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

Green Car Congress

The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. Boston-Power, Inc., GSR Ventures has offices in Beijing and Silicon Valley. Purcell, Jr.,

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Ener1 Receives Commitment for $65M Equity Investment; Negotiating with DOE on Low Interest ATVMP Loan

Green Car Congress

comes on the heels of the company’s announcement last week of a manufacturing joint venture with Wanxiang Corporation, the largest tier-one supplier to the Chinese auto industry. The new equity injection for Ener1, Inc. Earlier post.). Earlier post.).

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Larry Burns, GM vice president for research and development and strategic planning: "Whether your concern is energy security, global climate change, natural disasters, the high price of gas, the volatile pricing of a barrel of oil and the effect that unpredictability has on Wall Street - all of these issues point to a need for energy diversity. (

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