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Li-ion maker Boston-Power adds $30M in funding; China expansion

Green Car Congress

GSR Ventures is an early-stage venture capital firm focused on building world-class technology companies in China. Long-standing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated. '. The firm invests primarily in the Internet, wireless, green technology, and semiconductor sectors.

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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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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.

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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

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The Chinese government is putting incentives in place to have the market grow. The growth capital and Chinese government incentives are being used to scale manufacturing, research and development, and business development activities in China. Multiple redundant safety features including CIDs, redundant vents, aluminum can.

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Yardney and Coda Automotive Form JV for US Automotive Li-ion Systems Production; Lishen Expected to Participate

Green Car Congress

Coda Battery Systems LLC submitted a proposal under the stimulus grant program to the Department of Energy on 19 May for funding to build manufacturing at a facility in Enfield, CT. Connecticut-based Yardney Technical Products, Inc. one of largest suppliers of lithium-ion batteries in the world. Earlier post.).

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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Department of Energys Transportation Electrification stimulus program for a federal grant that would enable a nationwide demonstration fleet with the United States Postal Service (USPS) * Potential partnership with USPS to include infrastructure support from ConEd, Duke Energy, DTE Energy and Electric Power Research Institute (EPRI) Washington, D.C.,

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