GM awards A123 Systems contract for future battery packs
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Thu August 11, 2011 4:44 pm

INTERNATIONAL. General Motors has awarded a production contract to A123 Systems, a developer and manufacturer of advanced Nanophosphate® lithium ion batteries and systems, for complete battery packs to be used in future GM electric vehicles to be sold in select global markets.

The contract includes advanced Nanophosphate cells and fully integrated electronic components. The specific vehicles and brands will be announced at a later date.

GM battery engineering teams have tested and validated the A123 battery chemistry at the automaker’s Global Battery Systems lab in Warren, Mich.  Teams from both companies will now work on developing calibrations and software controls for the battery system in preparation for production.    
 
“GM is committed to offering a full line of electrified vehicles - each of which calls for different battery specifications,” said Micky Bly, GM’s executive director - Global Electrical Systems, Infotainment and Electrification. “We work with a variety of battery developers and A123’s advanced Nanophosphate lithium ion technology offers ideal performance capabilities for a future electrified vehicle application.”

This agreement builds on existing development contracts between GM and A123 focused on next-generation lithium ion battery technology at both the cell and system level.
 
“Today’s announcement is the latest milestone in the partnership between GM and A123, and it showcases the type of collaboration between U.S. companies necessary to build a long-term domestic battery and electric vehicle industry,” said Jason Forcier, vice president of the Automotive Solutions Group at A123 Systems.

“This is a testament to GM’s continued commitment to leading the adoption of vehicle electrification technologies, and we believe that our selection as GM’s supplier for this global vehicle program validates our system-level expertise in delivering fully integrated battery packs for electric vehicles.”

About General Motors
General Motors Company (NYSE: GM, TSX: GMM), one of the world’s largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 209,000 people in every major region of the world and does business in more than 120 countries. GM and its strategic partners produce cars and trucks in 31 countries, and sell and service these vehicles through the following brands:  Buick, Cadillac, Chevrolet, GMC, Daewoo, Holden, Isuzu, Jiefang, Opel, Vauxhall, and Wuling. GM’s largest national market is China, followed by the United States, Brazil, the United Kingdom, Germany, Canada, and Italy. 

More information on the new General Motors can be found at www.gm.com.

In the Middle East since the 1920s, General Motor’s vehicle brands sold in the region are Cadillac, Chevrolet, and GMC supported by a unique set of customer-focused services. GM parts and accessories are sold under the GM Parts and ACDelco brands. The regional office in Dubai covers the company’s operations in Bahrain, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, UAE and Yemen.

About A123 Systems
A123 Systems, Inc. (NASDAQ: AONE) develops and manufactures advanced lithium ion batteries and battery systems for the transportation, electric grid services and commercial markets. Headquartered in Massachusetts and founded in 2001, A123 Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology.

For additional information please visit www.a123systems.com.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 21, 2017
UAE. As the population growth rates increase, not only are fears of over supply unfounded, rather there is a significant possibility of sustained under supply as Dubai continues its expansion plans towards achieving its goals of the World Expo 2020 and beyond.
date:Posted: August 21, 2017
UAE. According to MEED Projects, just US$56bn worth of contracts were awarded in H1 2017 compared with US$69bn over the same period in 2016; Long-term prospects bright with over US$2 trillion of known active projects in the pipeline across the GCC.
date:Posted: August 18, 2017
UAE. As many as 292 tenders with an estimated value of US$9.5 billion were awarded in Q2, while the total value of urban construction project awards set to reach US$50.9 billion in 2017, according to BNC Network.
dhgate