A123Systems Plans U.S. Battery Plants | January 12, 2009 Issue - Vol. 87 Issue 2 | Chemical & Engineering News
Volume 87 Issue 2 | p. 26 | Concentrates
Issue Date: January 12, 2009

A123Systems Plans U.S. Battery Plants

Department: Business
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A123Systems manufactures lithium-ion batteries for Think, a Norwegian electric car maker.
Credit: Think
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A123Systems manufactures lithium-ion batteries for Think, a Norwegian electric car maker.
Credit: Think

Battery maker A123Systems has applied for $1.84 billion in direct loans from the Department of Energy's Advanced Technology Vehicles Manufacturing Incentive Program to support construction of lithium-ion battery plants in southeast Michigan and other U.S. locations. The company says it could expand to employ 14,000 people and produce batteries for 5 million hybrid vehicles by 2013. The company is working with seven manufacturers of hybrid and all-electric vehicles including General Motors, Chrysler, and Norway's Think.

 
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