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

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Boston-Power, Inc. Long-standing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated. '. Boston-Power recently broke ground on its new manufacturing site in Liyang. Boston-Power recently broke ground on its new manufacturing site in Liyang.

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Li-ion manufacturer Ener1 files pre-packaged Chapter 11 bankruptcy

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Li-ion manufacturer Ener1, Inc. million in federal grant funding under the stimulus package. million in federal grant funding under the stimulus package. has initiated a pre-packaged Chapter 11 bankruptcy case to implement a restructuring plan agreed on by its primary investors and lenders.

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

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Boston-Power, Inc., 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. Existing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated in the round.

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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

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Boston-Power, Inc., a provider of next-generation lithium-ion battery cells, modules and systems ( earlier post ), has entered a multi-year agreement to provide lithium-ion battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of Beijing Automotive Industry Company (BAIC). Earlier post.).

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Yardney and Coda Automotive Form JV for US Automotive Li-ion Systems Production; Lishen Expected to Participate

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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. Ah Li-ion iron phosphate cell for Coda sedan. one of largest suppliers of lithium-ion batteries in the world. Earlier post.).

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. grants to offset the price premium.

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

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As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. Overall, Ener1 reported 2008 revenues of $6.8 million compared to $280,000 in 2007.

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