A123 Systems won from the hands of EnerDel’s lithium battery supply contract Fisk Automotive
Recently, the United States in lithium-ion rechargeable laptop batteries business, A123 Systems (A123 Systems) and the United States Fisk Automotive (Fisker Automotive) signed a multi-year to the plug-in hybrid (PHEV) “Karma” battery supply contract. At the same time, A123 Systems will also provide 23 million U.S. dollars investment Fisk car. Details of the investment, cash 13 million U.S. dollars, A123 Systems common stock 10 million U.S. dollars.
Fisk Automotive has signed with the United States EnerDel lithium-ion rechargeable battery supply contract appointment. But this is A123 Systems won from the hands of EnerDel. A123 Systems Energy Solutions Group Manager Mujeeb Ijas proud to say, “Our supply system has been recognized.”
In addition, A123 Systems announced the same day the battery manufacturing plant expansion. In order to increase production capacity to 200MWh, the company has started to expand the plant size Livonia, Michigan. Plans to expand production capacity during the year 2010 to more than 360MWh. The company announced in December 2009 from the U.S. Department of Energy (Department of Energy) was 200 million 49 million U.S. dollars in financing for the establishment of the battery manufacturing plant.
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