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A123 Systems Signs Multi-Year Li-ion Battery System Supply Agreement With Fisker Automotive, Intends to Invest Up To $23M in Fisker

Green Car Congress

A123 Systems has entered a battery supply agreement with Fisker Automotive to supply battery systems for the Fisker Karma Plug-in Hybrid Electric Vehicle (PHEV). The multi-year agreement provides that A123 is the selected battery system supplier for the Fisker Karma. facility with production slated to commence later this year.

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A123 Systems Opens Li-ion Automotive Battery Manufacturing Plant in Michigan

Green Car Congress

A123 Systems announced the grand opening of the largest lithium ion automotive battery production facility in North America, which it calls the largest, based on available data. The new plant in Livonia, Mich.

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A123 Systems receives interim court approval of $50M DIP financing from Wanxiang; responds to objections from Wanxiang, Fisker and others on asset sales process

Green Car Congress

Li-ion maker A123 Systems, Inc. announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). Earlier post.).

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A123 Systems to develop battery pack for new EV from SAIC

Green Car Congress

A123 Systems has been selected to develop Li-ion battery packs for a new, 2012 model year electric passenger car from Shanghai Automotive Industry Corporation (SAIC), the largest automaker in China.

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How to Get a Plug-In Hybrid

Tony Karrer Delicious EVdriven

We will have similar solutions available for better (but more expensive) nickel-metal hydride or lithium-ion batteries.) Hybrids-Plus www.hybrids-plus.com Boulder, CO offers lithium-ion conversions of the Toyota Prius and soon on the Escape, for private individuals or for organizations; current pricing starts at $24,000.

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