* Massachusetts / USA - A123 announces new, more economical battery pack for buses
(Photo: A Fisker Karma plug-in hybrid electric vehicle -PHEV- powered by an advanced lithium ion battery system from A123)
Waltham,MA,USA -The Detroit News, by Melissa Burden -July 19, 2012: -- A123 Systems Inc. said Thursday it will supply a new type of lithium-ion battery packs to BAE Systems to power city transit buses across the globe... The battery packs are based on A123 Systems' prismatic cells and will be used in BAE's HybriDrive Series propulsion system. The
new battery packs, which are more compact and economical, are expected
to be used on city transit buses and in other commercial applications... A123 Systems has
manufactured battery packs for BAE that power nearly 3,000 buses
globally in a partnership that dates back more than five years...
* Massachusetts / USA - A123 stock surges on China grid-stabilization contract
Waltham,MASS,USA -Bloomberg News/The Detroit News, by Christopher Martin -July 20, 2012: -- A123 Systems Inc.,
a U.S. maker of lithium-ion batteries for electric cars, surged the
most in more than a month after winning a contract to supply a
2-megawatt system to China's Ray Power Systems Co. to help regulate power- grid frequency... The batteries will store electricity until needed to help stabilize China's electric grid and allow for the integration of fluctuating renewable-energy resources such as wind and solar power plants, Ray Power Systems said Friday in a statement released by A123...
Labels: battery makers