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

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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. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1. Boston-Power, Inc.,

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USABC awards Cobasys $8.4M for the development of high-energy density Li-ion cells and packs for EVs

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million contract to develop high-energy lithium-ion batteries for use in electric vehicle applications. The objective of the alliance is to adapt lithium-ion battery technology to the requirements of automobiles, and thus explore the market for hybrid and electric vehicles. Cobasys, with two sites in Orion, Mich.,

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Li-ion Polymer Battery Maker Kokam America Is Partner of Choice for Smith Electric Vehicles US; Kokam JV With Dow Targeted at Scaling Up Production

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Kokam America has been producing its SLPB cells for 8 years in its Missouri plant, says Kokam America CEO Don Nissanka, targeting niche market applications from the military, to medical devices, to industrial applications. The company did $40 million in sales last year, and was profitable. There is nothing magic to [the chemistry].

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

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As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. Overall, Ener1 reported 2008 revenues of $6.8 million compared to $280,000 in 2007.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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Advanced lithium ion batteries, sodium sulfur (NaS) batteries, and compressed air energy storage (CAES) are other key technologies that will be utilized for bulk storage applications during the forecast period. Balancing Li-ion capacity with market opportunities. Commenting on recent reports of Li-ion overcapacity (e.g.

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

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parent of Li-ion manufacturer EnerDel, has executed an agreement with its principal shareholder, Ener1 Group, an investment vehicle established by Russian industrialist and entrepreneur Boris G. Ener1, Inc., Zingarevich, for the purchase of common stock and warrants for $65 million. The investment is expected to close later this week.

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Super Charge It

Plug In Partners

Here is a big story from the Japanese electronic giant Toshiba: " Toshiba have stunned the world with their announcement of what's pretty much the holy grail in Lithium battery technology – the Super Charge ion Battery , which recharges up to 90% of its energy in just five minutes , and has a lifespan of over 10 years.

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