A123 Systems will supply lithium-ion cells to SAIC

Article by Christian Andrei, on November 14, 2010

SAIC Motor Corp. has tapped US startup A123 Systems Inc. to supply lithium-ion cells to be used in an electric vehicle that’s due in 2012. At Advanced Traction Battery Systems Co. (the companies' joint venture), cells made by A123will be integrated into battery packs for SAIC, China's largest domestic carmaker.

A123, which is part-owned by General Electric Co., released a statement that this electric car will have a 100-mile range on a single charge. However, Jason Forcier, vice president of A123's automotive group, didn’t reveal how many electric cars are planned.

In an interview last Monday, David Vieau, A123's CEO, didn’t indicate a specific number but he said that it is “significant” and won’t be “just 200 cars.” A123 had previously revealed plans to supply cells for SAIC's Roewe 750 hybrid and Roewe 550 plug-in hybrid sedans.

This is in line as well with its strategy to expand in China. The Chinese government is offering subsidies of up to 60,000 yuan ($9,000) to those who purchase plug-in hybrids and electric cars. This is being done to aid in the government’s goal to help reduce pollution and oil dependency.

"We are excited to be partnering with an industry leader such as SAIC Motor to pursue the expanding Chinese market for advanced lithium ion battery technology," said David Vieau, chief executive officer of A123 Systems. "As part of this partnership we look forward to building a team of outstanding employees to develop innovative battery technologies that we expect will be included in some of the highest quality hybrid and electric vehicles anywhere in the world."

Topics: a123 systems, saic

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The Shooting Brake is probably the least rendered body shape in the automotive world. But it’s also the most sought after design among car nuts for its unique, old-fashioned charm....
by - January 23, 2017
Perhaps to make the upcoming Valentine’s day more special, Tinder dating app and Ford UK have cooked up a special blind date for all the single blokes and chicks in...
by - January 23, 2017
2017 is undeniably a very busy year for BMW. After introducing the new 4-Series, the German automaker has just released several new updates. In relation to this, BMW is also...
by - January 23, 2017
The renowned Shelby Super Snake is now 50 years old! As we greet the Super Snake a “happy birthday” or a “happy anniversary,” Shelby itself is celebrating half a century...
by - January 23, 2017
Nearly a year after the Subaru XV Concept was unveiled at the 2016 Geneva Motor Show in Switzerland, this SUV study is making its North American debut at the 2017...
by - January 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries