Global Lithium Ion Manufacturer Stimulus 
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DECEMBER 22, 2011
Boston-Power recently broke ground on its new manufacturing site in Liyang. 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.
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NOVEMBER 2, 2010
The Dow Chemical Company is organizing a new business that will manufacture advantaged battery materials for the energy storage industry. —Monty Bayer, global business director, Dow Ventures & Business Development, Licensing and Venture Capital. Dow anticipates sales to begin in 2012.
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SEPTEMBER 3, 2010
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., Foosung Co., and its leaders. Novolyte received in 2009 a $20.6-million
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SEPTEMBER 20, 2011
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. Due to the strategy to focus predominantly on China in both the immediate and longer term, the company is reallocating its global resources.
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SEPTEMBER 18, 2009
US-based Ener1 is creating a European Division and has appointed Ulrik Grape, a veteran of the lithium-ion business, as President of Ener1 Europe. Through its subsidiary EnerDel, it designs, develops and manufactures, advanced high energy density, lithium-ion batteries.
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JUNE 8, 2009
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. one of largest suppliers of lithium-ion batteries in the world. Connecticut-based Yardney Technical Products, Inc.
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APRIL 13, 2009
A123Systems has raised $69 million from GE and other investors to accelerate the expansion of its US lithium-ion battery manufacturing and smart grid capabilities. Mark Little, GE’s Senior Vice President and Director GE Global Research, will join A123Systems’ board of directors. Earlier post.)
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