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A123 spinoff: New battery tech reduces cost by 85%

August 16, 2010 by Pedro Hernandez Leave a Comment

Is that a cheap electric vehicle I see on the horizon? Yet-Ming Chiang, A123 Systems founder and an MIT materials researcher, claims to have come up with a new battery design that will cut the cost of battery packs — currently upwards of $10,000 — by up to 85 percent.  The tech will be at […]

Filed Under: Cleantech & Renewable Energy Tagged With: 24M, A123 Systems, batteries, Electric Car, Electric Vehicle, EV

Cleantech VC Bright Spot: Batteries

April 15, 2009 by Pedro Hernandez Leave a Comment

The cleantech VC downturn isn’t all doom and gloom. That is, if you’re developing and producing the advanced battery technologies and fuel cells. Energy storage, it seems, is leading a venture-capital rebound. That may come as a surprise, given that…

Filed Under: Cleantech & Renewable Energy Tagged With: A123 Systems, batteries, cleantech, cleantech VC, cleantech venture capital, Lilliputian Systems

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This work by Pedro Hernandez is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
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