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A123 Systems: How Supportive Is The Deal on GM’s Spark EV?

Shares in A123 Systems (AONE) jumped 26.5% on Wednesday as General Motors (GM) unveiled the company’s new Chevrolet Spark EV microcompact – and of course announced that the car’s battery pack will be supplied by the Massachusetts-based A123. The Spark EV is slated to go on sale in the States in 2013. Little detail regarding the supply agreement has [...]

A123 Systems Secures Deal With ALTe

Following the company’s recent deal with General Motors (GM), A123 Systems (AONE) has now secured a further ‘long-term’ supply agreement with ALTe, a developer of Range Extended Electric Powertrains used to repower light commercial vehicles. AONE’s advanced Nanophosphate technology will be used to build 21.6 kWh battery packs, forming a critical part of ALTe’s powertrain. [...]

Tesla And The Future Of The Electric Car

Tesla Model S: Image used with permission from Tesla. A debate has once again been raised with regard to the future of clean technology and in particular the electric car. Whilst many of the issues on which this debate is based are genuine, they in fact fail to get to the heart of the matter. It [...]

Further Thoughts On AONE’s GM Deal

Last week A123 Systems (AONE) shot up 45% after the announcement of the company’s battery deal with General Motors (GM). The deal is unequivocally good for AONE. However, few substantive details have been released beyond the following – After a lengthy process that had become agonizing for AONE’s stock price, GM’s testing of AONE’s battery chemistry at the former’s [...]

A123 Secures Elusive GM Deal – Tesla-Toyota Next?

A123 Systems (AONE) finally secured today its long-awaited production contract with auto maker General Motors (GM). Not much by the way of detail has thus far been announced. However, this is clearly a breakthrough for AONE. The company has a number of smaller contracts for its battery packs – notably for Fisker Karma and its [...]