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A123 Systems reaches agreement to sell substantially all assets to Wanxiang for $256.6M

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based provider of energy-enabled system solutions and energy storage products for commercial, industrial and government agency customers. Based in Chicago, Wanxiang America has been in the automotive and industrial markets in the US since 1994 and currently has more than 3,000 employees in the US.

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A123 expects assets sales to Wanxiang and Navitas to close by 1 Feb

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based provider of energy-enabled system solutions and energy storage products for commercial, industrial and government agency customers. A123’s joint venture with Shanghai Automotive. based government business, including all US military contracts, which would be acquired for $2.25

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Dow Chemical exits Dow Kokam Li-ion battery venture; sells interest to MBP Investors

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The transaction makes MBP the majority owner of Dow Kokam, which includes the Midland Battery Park in Michigan and the Lee’s Summit facility in Missouri. In addition to Dow Kokam, Townsend Ventures also has investments in other related businesses, including Energy Power Systems and AllCell Technologies.

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New A123 Systems LLC emerges

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facilities in Michigan, Massachusetts and Missouri; its manufacturing operations in China; and its equity interest in Shanghai Advanced Traction Battery Systems Co., A123’s joint venture with Shanghai Automotive. Excluded from the acquisition is A123’s Ann Arbor, Mich. Electric Grid. Lead-Acid Replacement.

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DOD awards EaglePicher $22M under DPA Title III to expand Li-ion production capabilities; 250 Wh/kg

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As a leading specialty battery manufacturer with a legacy of supplying US military power needs, EaglePicher is poised to assist the defense industrial base by providing a timely, reliable supply of Li-Ion materials and products. Earlier post.). Earlier post.). 1C rate) for military applications.

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Select the Right EV Charging Management Partner for your NEVI Program Project

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That includes partnering with an EV charging and energy management platform provider that can help your project meet NEVI technical and operational requirements as well as any other state requirements. The charging network communicates securely with utilities, energy providers, and local energy management systems.

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US DOE Awards $37 Million for Marine and Hydrokinetic Energy Technology Development

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The US Department of Energy (DOE) has selected 27 projects for more than $37 million in funding to accelerate the technological and commercial readiness of emerging marine and hydrokinetic (MHK) technologies, which seek to generate renewable electricity from oceans and free-flowing rivers and streams. Free Flow Energy, Inc.

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