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A123 Systems

  • Arsenal on the Charles 321 Arsenal Street Watertown
    MA 02472
    United States of America
  • + 001 617-778-5700
  • +001 617-924-8910

A123 Systems Articles

Displaying 1 - 20 of 21
Analysis
5th February 2013
A123 Systems LLC Completes Acquisition of Substantially All Non-Government Business Assets of A123 Systems, Inc.

A123 Systems announced that it has acquired substantially all of the non-government business assets of A123 Systems, Inc. Included in the acquisition, which has received approval from the Committee on Foreign Investment in the United States, are A123’s automotive, grid and commercial business assets, including technology, products, customer contracts and U.S. facilities in Michigan, Massachusetts and Missouri; its manufacturing operations in Ch...

Analysis
19th December 2011
ACD Promotes Noah Fenley to Design Manager

ACD recently promoted Noah Fenley to Design Manager. Noah has been with the company since 2000 and plays a vital role in helping ACD provide world-class PCB design layout.

Analysis
1st June 2011
A123 Systems to Supply Battery Modules to Smith Electric Vehicles for All-Electric Commercial Trucks

A123 Systems today announced a production agreement with Smith Electric Vehicles to supply battery modules for Smith's portfolio of zero-emission all-electric commercial vehicles. A123 expects to begin shipping its 5kWh automotive-class prismatic modules to Smith for integration into battery packs in the second half of 2011.

Power
1st March 2011
A123 Systems Selected to Develop Battery Pack for New Electric Vehicle from Shanghai Automotive Industry Corporation

A123 Systems today announced that it has been selected to develop battery packs for a new, 2012 model year electric passenger car from Shanghai Automotive Industry Corporation (SAIC), the largest automaker in China. Under the terms of the letter of intent, A123 will use its cells to develop a customized battery pack that it will provide to Advanced Traction Battery Systems Co. (ATBS), the joint venture established between A123 and SAIC Motor Co. ...

Power
18th February 2011
A123 Systems to Supply 20MW of Advanced Energy Storage Solutions to AES Gener for Spinning Reserve Project in Chile

A123 Systems today announced an order from AES Gener for 20MW of A123's advanced energy storage solutions for a spinning reserve project in Northern Chile. The project expands the relationship between A123 and AES Energy Storage and is AES' second in Chile to use A123 energy storage technology—in 2009, the companies announced the commercial operation of a 12MW spinning reserve project at AES Gener's Los Andes substation in the Atacama Desert in...

Power
17th November 2010
A123 Systems Selected to Develop Battery Pack for New Electric Vehicle from Shanghai Automotive Industry Corporation

A123 Systems, a developer and manufacturer of advanced Nanophosphate™ lithium ion batteries and systems, today announced that it has been selected to develop battery packs for a new, 2012 model year electric passenger car from Shanghai Automotive Industry Corporation (SAIC), the largest automaker in China. Under the terms of the letter of intent, A123 will use its cells to develop a customized battery pack that it will provide to Advanced Tract...

Power
12th October 2010
A123 Systems Opens the Largest Lithium Ion Automotive Battery Manufacturing Plant in North America

A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate™ lithium ion batteries and systems, today announced the grand opening of the largest lithium ion automotive battery production facility in North America, based on available data. The new plant in Livonia, Mich. is expected to expand A123's manufacturing capabilities by up to 600MW hours per year when fully operational, contributing to the company's plan to expand...

Power
14th September 2010
A123 Systems Opens Lithium Ion Automotive Battery Manufacturing Plant in North America

A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate™ lithium ion batteries and systems, today announced the grand opening of the largest lithium ion automotive battery production facility in North America, based on available data. The new plant in Livonia, Mich. is expected to expand A123's manufacturing capabilities by up to 600MW hours per year when fully operational, contributing to the company's plan to expand...

Power
18th August 2010
A123 Systems Solidifies Leadership Position in Delivery of Lithium Ion Technology for the Power Grid With Order of 44MW of Smart Grid Stabilization Systems (SGSS(TM))

A123 Systems today announced that AES Energy Storage, a leader in the use of fast-responsive energy storage for the grid, has ordered and is deploying 44MW of A123's Smart Grid Stabilization Systems (SGSS) for various new projects—including an energy storage project in Johnson City, N.Y.

Analysis
18th August 2010
A123 Systems Announces Second Quarter 2010 Financial Results

A123 Systems today announced financial results for the quarter ended June 30, 2010.

Analysis
13th May 2010
A123 Systems Announces First Quarter 2010 Financial Results

A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate™ lithium ion batteries and systems, today announced financial results for the quarter ended March 31, 2010.

Power
13th May 2010
A123 Selected to Power Plug-in Hybrid Electric Trucks for Eaton Corporation

A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate™ lithium ion batteries and systems, today announced that it has been selected by Eaton Corporation, a diversified industrial manufacturer (NYSE:ETN), to supply battery systems for production of a hybrid power system to be installed on a Ford F550 based Plug-in Hybrid Electric Vehicle (PHEV). The program is partially funded by a $45 million grant in American Recov...

Power
11th March 2010
A123 Systems Signs Battery System Development Agreement With Navistar

A123 Systems, a developer and manufacturer of advanced Nanophosphate lithium ion batteries and systems, today announced an agreement with Navistar, Inc. (NYSE:NAV), a proven leader in worldwide commercial transportation, to develop lithium ion battery systems for electric vehicles (EVs) for the Navistar Modec Electric Vehicle Alliance, a joint venture between Navistar and Modec.

Analysis
25th January 2010
A123 Systems Announces Additional Capacity Expansion Plans Based on Customer Momentum

A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate lithium ion batteries and battery systems, today announced details related to the further expansion of the company's United States manufacturing capacity.

Analysis
22nd December 2009
A123 Systems and SAIC Motor Form Joint Venture to Tap Growing Chinese Market for Hybrid Electric and Pure Electric Vehicles

A123 Systems a developer and manufacturer of advanced Nanophosphate lithium ion batteries and systems, today announced that they are entering into a joint venture with SAIC Motor Co. Ltd, a leading automaker in China. The focus of the joint venture is to develop, manufacture and sell complete vehicle traction battery systems for use in hybrid electric and pure electric passenger vehicles and heavy duty truck and bus applications in the People's ...

Analysis
3rd December 2009
AES Installs First Energy Storage System in Chile

AES Energy Storage and A123 Systems announced the commercial operation of a 12 MW frequency regulation and spinning reserve project at AES Gener's Los Andes substation in the Atacama Desert, Chile. The commissioning ceremony took place November 16 and included Marcelo Tokman, Chilean Minister of Energy. The project will help improve the reliability of the electric grid in Northern Chile and uses A123 Systems' Hybrid Ancillary Power Units (Hybrid-...

Analysis
13th November 2009
A123 Systems Creates Business Groups Focused on Customized Solutions for Customer Focused Markets

A123 Systems, a developer and manufacturer of advanced Nanophosphate lithium ion batteries and systems, today announced the creation of two focused business groups -- one dedicated to the transportation market and the other to cell design and development -- to best serve customers across all of A123's vertical markets. The newly formed business organizations are the Automotive Solutions Group, led by Jason Forcier, and the Cell Products Group, le...

Power
30th October 2009
A123 Systems and IHI Corporation Sign Joint Marketing Agreement to Develop Advanced Battery Technology Business in Japan

A123 Systems and IHI Corporation announced today that they have entered into a collaborative business development agreement to serve potential customers in the Japanese transportation, industrial and marine markets. Under the terms of a joint marketing agreement, the two companies will pursue new customer opportunities in energy storage in the Japanese market.

Analysis
22nd October 2009
A123Systems to Supply Li Ion Cells for Shanghai Automotive Hybrid Vehicles

Delphi Corporation announced an agreement reached to supply hybrid technology to the SAIC Motor Corporation Limited (SAIC Motor) for the mild Hybrid Electric Vehicle. This groundbreaking deal will bring SAIC Motor, currently the top OEM in the Chinese market, Delphi’s leading hybrid solutions to better meet the demands of local consumers for cleaner, more energy-efficient vehicles.

Analysis
22nd October 2009
GE Deepens Relationship with Battery Manufacturer A123Systems Through New Investment and Planned Addition of GE’s Technology Head to Board of Directors

A123Systems announced today it has raised $69 million from GE and other investors to accelerate the expansion of its US lithium ion battery manufacturing and smart grid capabilities. The capital will help create new jobs by expanding A123’s facilities in Hopkinton, MA, and Novi, MI, as well as build planned new factories in Michigan. The funding will also support A123’s efforts to develop applications for the smart grid, such as utility-scale...

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