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Report
A123 lays off 125 workers due to Fisker Karma delays

A123 Systems has had to lay off 125 employees at two Michigan locations because of Fisker's lengthy delay getting the Karma luxury plug-in hybrid to market. That's the bad news. The potentially good news is that the layoffs may be temporary. Even though Fisker has reduced its 2011 Karma orders to 1,500 units from 7,000, once Fisker is back on track to reach its stated goal of selling 15,000 vehicl

Report
A123 Systems has 20-plus transportation-related lithium-ion battery contracts

A123 Systems says it currently has over 20 lithium-ion battery contracts in the works. Of those, A123 says ten of the transportation-related li-ion deals have already entered the production phase and that its "sourced" and "development" contracts call for A123 to eventually manufacture lithium-ion batteries at some as-of-yet-undisclosed date.

A123 zeros in on stop/start hybrids with 12V li-ion nanophosphate battery

A123 Systems is looking to cash in on the emerging stop/start hybrid market with its 12V Nanophosphate lithium-ion battery. Compared to typical lead-acid AGM batteries, A123 says that its li-ion units offer enhanced charge acceptance, which reduces the load on the vehicle's alternator and engine, leading to improved fuel economy. In addition, Jeff Kessen, A123's vice president of automotive marketing and communication, claims that the firm's 12V li-ion battery weighs 60 percent less than a lead-

MIT Electric Vehicle Team tests how rapid charging affects battery life

You may not be able to buy a Fisker Karma just yet, but thanks to MIT you may learn a little bit more about the plug-in's battery life. Back in January 2010, it was announced that the Karma would be using batteries supplied by A123 Systems, which just happens to be an MIT spinoff company. The MIT Electric Vehicle Team is using these A

A123 System's CFO, Michael Rubino, to leave company in early 2011

A123 Systems, a Massachusetts-based lithium-ion battery manufacturer, has announced that its chief financial officer and vice president of finance and administration, Michael Rubino, will step down from his position and part ways with the company effective January 2011. A123 Systems has already launched a search for a successor capable of handling Rubino's duties.

A123 Systems to develop battery packs for upcoming SAIC model

Massachusetts-based A123 Systems has inked a deal to develop lithium-ion battery packs for an upcoming electric passenger vehicle built by China's largest automaker, Shanghai Automotive Industry Corporation (SAIC). The vehicle, expected to launch sometime in 2012, will likely be a Chinese-market only offering. A123 System's vice president, Jason Forcier, told Bloomberg that the SAIC vehicle will have a range of 100 miles on a full charge.

European automaker gets help from A123 Systems, Axeon, Ricardo for upcoming plug-in hybrid

An undisclosed, established European automaker has enlisted the expertise of UK-based lithium-ion systems supplier Axeon, the assistance of leading UK engineering firm Ricardo and the battery know-how of A123 Systems for collaboration on an upcoming plug-in hybrid vehicle (PHEV). The trio, along with assistance from that unnamed European automaker, will develop and integrate an advanced, lightweight battery pack that utili

U.S. plug-in vehicle manufacturers, battery makers face serious export hurdles

U.S.-based plug-in vehicle producers and battery makers are faced with a problem of epic proportions. A recent report released by the subscription news service ClimateWire suggests that U.S.-made electric cars – and the associated high-tech li-ion batteries produced on U.S. soil – face a maze of export restrictions that will force many of the companies to set up shop abroad.

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