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

Green Car Congress

Augmenting those capabilities, Boston-Power’s Westborough, Massachusetts-based team maintains responsibility for intellectual property development, research and development, global customer support, sales and business development and partnerships with advanced research organizations in the Boston area.

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

Green Car Congress

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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Exploring the adoption of EVs in the US, Europe and China; charging scenarios and infrastructure

Green Car Congress

Within the US, it examines California, Massachusetts, and Michigan—states covering a range of differences in electric power generation and power market structures. Between 2009 and 2011, Chinese buyers purchased 13,000 EVs and PHEVs—more than U.S. sales but well below the run-rate needed to reach the 2015 target.

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The EV Transition Explained: Local Policies Shape Global Competition

Cars That Think

Massachusetts, for example, has set a goal of at least 750,000 to 1 million EVs on the road by 2030; it currently has some 51,000, of which 31,000 are battery electric. the Chinese government also expects to become the undisputed global leader in EVs. Like the U.S., It exported 500,000 EVs in 2021 ,as well.

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The Tailwinds Behind Massive Growth of EV Charging

EV Connect

Other states, such as New York and Massachusetts, are not far behind with their own programs, and provinces in Canada are likely to adopt LCFS programs akin to California. Oregon has implemented a similar program, while Washington is expected to ratify a program of its own in the near future. At the moment, the majority of U.S.

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Convincing Consumers To Buy EVs

Cars That Think

Even in the Chinese market where smaller EV sales are booming, profits are not. Interestingly, a 2019 Massachusetts Institute of Technology (MIT) study predicted that as EVs became more widespread, battery prices would climb because the demand for lithium and other battery metals would rise sharply.

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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Based in Watertown, Massachusetts, A123Systems has announced plans for a Michigan-based production facility. Chrysler LLC and A123Systems signed an agreement stating that A123Systems will supply energy storage systems for Chryslers first-generation ENVI Range-extended Electric Vehicles and battery-only Electric Vehicles.

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