article thumbnail

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.

Boston 210
article thumbnail

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.)

Boston 265
article thumbnail

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.

Boston 199
article thumbnail

A New Wildfire Watchdog

Cars That Think

Could it use batteries instead, at least one per sensor node? Pause for a moment to look at the smoke detector in the room where you're sitting and think about the last time you changed its battery. But in either case the computer must always be running, which means it will eventually drain the battery.

article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Electric car proponents at The California Cars Initiative believe the task force was unduly influenced by “plug-in skeptics” at the Boston Consulting Group , which is under government contract to provide input on the prospects for G.M. . “The Toyota Prius took over five years to reach break-even and has gone on to be a wild success.&#

Volt 42
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. BYD CEO Wang Chuan-Fu figured out how to make cheaper batteries than the Japanese by replacing machines with migrant workers. By about 2000, BYD had become one of the worlds largest manufacturers of cellphone batteries.

BYD 62
article thumbnail

Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Electric cars and a smart electric grid have a bright future, according to panelists at a roundtable discussion on the subject that I attended last Friday in Boston. “I Most days, most cars are going to have lots of extra battery capacity,” said Mr. Kempton, noting that on average, American automobiles get driven for just one hour each day.

Grid 47