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

Green Car Congress

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

Green Car Congress

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. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China. Boston-Power, Inc., Reorganizing.

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

Green Car Congress

In a new report, “ Electric Drive Buses ”, Pike finds that China market will constitute the majority of global electric drive bus sales, while some of the more developed markets will see fluctuations in electric bus uptake. Europe is behind on hybrid bus deployments, although stimulus. The exception to this is China, which has been.

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

Green Car Congress

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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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

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). China is taking off in electric transport.

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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

Green Car Congress

Novolyte Technologies, a leading manufacturer and supplier of specialty electrolyte materials for lithium-ion battery and energy storage applications, high performance solvents and other specialty chemicals, has signed a definitive agreement with Foosung Co., Novolyte received in 2009 a $20.6-million Novolyte received in 2009 a $20.6-million

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

Tony Karrer Delicious EVdriven

MidAmericans David Sokol, BYDs Wang, and company advisor Li Lu flew with Sokol from Detroit to Omaha so that Wang could meet Buffett in person. " This time Buffett asked another trusted partner, David Sokol, chairman of a Berkshire-owned utility company called MidAmerican Energy, to travel to China and take a closer look at BYD.

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