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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. 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

Green Car Congress

The company has introduced two cell products from its technology platform: Swing cells for transportation and stationary energy storage applications; and Sonata cells for notebook and portable power applications, as well as a family of battery blocks, modules and systems for large format applications.

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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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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Finally there may be new energy storage that requires less lithium. This may be the lowest cost energy storage solution just because we are going to make the batteries anyway. February 17, 2009 9:43 am Link No matter how you slice it we need a carbon TAX to accelerate all these important projects.

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