Boston-Power Adds $55 Million in Growth Capital

Boston-Power, Inc., the rapidly growing provider of next-generation Lithium-ion batteries, announced $55 million in new funding. Boston-Power will use the new growth capital to scale manufacturing, sales, marketing, and research and development to meet strong global demand for Sonata Lithium-ion batteries. Initially targeting notebook computers, Sonata... 

China BAK Funded by National 863 Program for its Electric Vehicles Battery Project

China BAK Battery, Inc., one of the largest lithium-ion battery cell manufacturers in the world, as measured by production output, today announced its Electric Vehicles Lithium-phosphate Power Battery Industrialization Project has been selected as a key project of the PRC’s National High Technology Research and Development Program, or “863... 

Imara Corporation Introduces Advanced Lithium-Ion Battery Technology for High-Power Applications

Imara Corporation, a research, design and manufacturing company that has developed next generation lithium-ion battery technology, today officially launched and announced its plan to deliver U.S.-based energy storage solutions. Imara’s patented and proprietary battery technology breaks through current barriers of performance and energy capability,... 

Axion Power Signs $6.4 Million Manufacturing Contract

Axion Power International, Inc., a leading developer of battery technologies and advanced energy storage devices, announced today that it has received a purchase order for 92,250 flooded lead-acid batteries that it will produce over the next 11 months under a toll-manufacturing contract with a major North American battery manufacturer. The purchase... 

Quantum and Asola Announce Solar Expansion into Korea – Signs JV Agreement With Q&Tech/Yongsan to Build a 30 MW Solar Production Facility

Quantum Fuel Systems Technologies Worldwide, Inc. announced that its German solar photovoltaic partner, Asola has signed a Memorandum of Understanding to establish a joint venture manufacturing plant in South Korea, to enable production and distribution of high quality, German-designed solar modules in South Korea. The Korean partner Q&Tech / Yongsan... 

Electro Energy Receives $100,000 Order for U.S. Produced 18650 Lithium-Ion Batteries

Electro Energy Inc., a leading provider of advanced battery technologies and associated systems, announced today that Lyntronics, Inc., a New York based battery packager, has placed multiple orders for both Electro Energy’s 2.2 ampere hour USA18650AXC and 2.4 ampere hour USA18650BXC type rechargeable Lithium-Ion cells valued at over $100,000.... 

Ener1 Announces Headquarter Transition to New York

Ener1, Inc., maker of advanced battery technology to power the next generation of hybrid, electric and plug-in vehicles, today announced that it has officially moved its world headquarters to New York City. The Company’s New York office address is 1540 Broadway, Suite 25C, New York, NY 10036. Ener1 moved to its new offices in New York in May in...