ENER1 Shareholders Appoint Four New Directors to Board

ENER1, Inc. a leading manufacturer of lithium-ion energy storage systems for transportation, utility grid and consumer electronics applications, today announced that its shareholders have approved the appointment of four new members to its board of directors. The new directors are Nora Brownwell, Wilber James, Greg Kasagawa and Stanislav Shekshnia.... 

THINK Delivers Its First U.S.Built Electric Cars

THINK™, the world’s leading dedicated electric vehicle maker, has delivered its first U.S.-built cars to the State of Indiana for use in its government fleet. The 15 vehicles, which were shipped from THINK’s manufacturing facility in Elkhart, Ind., will be the first electric passenger vehicles with American-made, Lithium-ion batteries... 

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,... 

Saft and ABB : New High Voltage Li-ion Battery System

Saft and ABB have developed the world’s first high voltage Li-ion (lithium-ion) battery system designed to improve the stability of power distribution grids. The new system combines dynamic energy storage provided by Saft’s 5.2 kV battery, which will help respond to disruptions in the grid, with ABB’s SVC (Static Var Compensation)... 

Ener1 Signs Memorandum of Understanding with Leading Japanese Power and Utility Provider

Ener1, Inc. maker of advanced lithium-ion battery solutions to power the next generation of hybrid, plug-in hybrid and electric vehicles, today announced the signing of a memorandum of understanding with Kyushu Electric Power, the fourth largest publicly traded power and utility company in Japan. The MOU marks an understanding that Ener1 and KEPCO... 

Hong Kong Highpower Technology Announces Groundbreaking on New Ni-MH Battery Manufacturing Facility

Hong Kong Highpower Technology, Inc., a developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products, today announced the groundbreaking of its new Ni-MH battery manufacturing facility in Huizhou, Guangdong Province, China and commencement of building construction on site plans that have... 

GE Helps Commercialize Electric Car with Sixth Investment in Battery Manufacturer A123Systems

GE is recharging the electrification of transportation by making its sixth equity investment in lithium-ion battery manufacturer A123Systems. GE invested $30 million in A123’s $102 million Series E financing, making it the battery manufacturer’s largest single cash investor – at 9 percent ownership. The investments were made by GE Commercial Finance... 

Hitachi Awarded Order from Eaton Corporation for Commercial Vehicle Hybrid System

Hitachi, Ltd. and Hitachi Vehicle Energy, Ltd., which manufactures lithium-ion batteries for hybrid electric vehicles (HEV) and other uses, today announced that they have been awarded an order from U.S.-based Eaton Corporation to supply motors, inverters, lithium-ion batteries and other components for Eaton’s hybrid power systems to be delivered through...