Freep.com is reporting that General Motors is to begin battery pack production at its new Brownstown Township factory on Thursday.
The lithium-ion battery packs will be used in the Chevrolet Volt electric car, which is to begin production later this year.
Editors’ Note: A123 Systems (AONE) designs, develops, manufactures and sells advanced, rechargeable lithium-ion batteries and battery systems. Co. was in the running to build the Chevy Volt’s battery packs but lost the round to Compact Power, a subsidiary of LG Chem. The co. is engaged in design and development efforts with several passenger vehicle manufacturers, including GM and Think Global AS.
AONE 22.89 +0.50 (2.23%)
Disclosure: No position
Risk Our Money Not Yours | Get 50% Off Any Account
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply