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

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Located in the Shanghai Corridor and scheduled for completion by the end of 2012, the facility will be capable of producing 400 MWh of lithium-ion battery cells annually. GSR Ventures is an early-stage venture capital firm focused on building world-class technology companies in China.

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

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and California-based Coda Automotive have entered into a joint venture (Coda Battery Systems LLC) to design, manufacture and sell automotive-grade, lithium-ion battery systems in the United States. Ah Li-ion iron phosphate cell for Coda sedan. one of largest suppliers of lithium-ion batteries in the world. Earlier post.).

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. grants to offset the price premium.

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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. Boston-Power, Inc., GSR Ventures has offices in Beijing and Silicon Valley. Earlier post.).

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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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The Massachusetts Clean Energy Center (MassCEC) has approved a $5-million forgivable loan for Li-ion battery manufacturer A123 Systems contingent on its hitting job creation and private investment milestones. With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts.

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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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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). Boston-Power, Inc., Earlier post.).

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Proterra introduces 35-foot electric bus

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Tracking the broader transportation trend towards advanced safety systems, the new 35-foot Catalyst electric bus provides customers with nimble maneuvering and enhanced automated features, including collision avoidance and traction control in a smaller model for dense urban areas, building on the performance of the 40-foot Catalyst vehicle.