Clean-tech blogger Tyler Hamilton reports that Sequoia-backed Watertown, Mass-based battery maker A123Systems has quietly acquired Concord, Ontario-based Hymotion, which provides a kit to retrofit hybrid-electric cars into plug-in models. The two companies are already working together to supply plug-in hybrids to fleets in California and New York
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7:29 am
VentureBeat » Battery company, A123 Systems, loaded with cash said:
[...] has shown itself to be rather aggressive, chasing down potential customers and acquiring Hymotion, a related battery tech firm, and with the potential for battery storage technology, it’s no [...]