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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., The two companies, which have a long-standing working relationship, project that Boston-Power’s battery systems will be used in hundreds of electric vehicles (EVs) starting in 2012 and thousands of EVs by 2014. The Chinese government is putting incentives in place to have the market grow. 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., 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. Reorganizing.

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Samsung SDI opens battery R&D center in Shanghai

CN EV Post

The R&D center will focus on building partnerships with Chinese universities and research institutes to secure core battery technologies, according to a report by Korea JoongAng Daily on April 2. Samsung SDI opened SDI R&D Europe (SDIRE) in Munich last July and SDI R&D America (SDIRA) in Boston last August.

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The 25 Best Restaurants in Chicago Right Now

Baua Electric

Even the butter service — presented in a stacked ribbon reminiscent of a Frank Gehry building — puts on a show. His mother is Chinese, his father Creole. A high-end chain based in Hong Kong, the Peninsula imported to Chicago a style of Chinese luxury dining rarely seen outside Asia.

Chicago 52
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Andy Grove: The U.S. must create an electric car industry - Apr. 17, 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. 0:00 / 4:23 Big battery bet If we dont care about our automotive industry, we can let Toyota ( TM ) or Honda ( HMC ) build our electric cars, with LG or Panasonic ( PC ) making the batteries. rivals in the dust.

2009 39
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The Tailwinds Behind Massive Growth of EV Charging

EV Connect

From the earliest days of EV Connect, our mission has been to build a better planet by enabling the distribution of electricity as a fuel — not only for the health of our business, but for the protection of the entire planet. The momentum is building and the industry is about to have massive growth — more than ever before.