Boston Power puts Massachusetts on the battery map with $9M
Boston Power, maker of advanced batteries for electric vehicles, has struck a deal with the Massachusetts state government for $9 million in matching funds to make its new manufacturing facility in Auburn, Mass. a reality. The funds will help get the ball rolling as the company waits for upwards of $100 million in stimulus grants it has applied for through the Department of Energy.
While Boston Power got its start making batteries for smaller applications, like… Continue Reading
Boston Power juices up with $55M for lithium-ion batteries
Boston Power, maker of eco-friendly, long-lasting lithium-ion batteries, just landed $55 million in fourth-round funding to grow its manufacturing, sales and marketing operations. Its flagship product, the Sonata Lithium-ion battery, is slated to launch in the next several months as the primary power source for Hewlett-Packard notebook computers. The model is also currently being adapted for use in other electronic devices and electric vehicles, the company says.
According to CNET, Sonata batteries can be charged 1,000… Continue Reading