Hello,

We noticed you're browsing in private or incognito mode.

To continue reading this article, please exit incognito mode or log in.

Not an Insider? Subscribe now for unlimited access to online articles.

Kevin Bullis

A View from Kevin Bullis

A123 Systems to Supply Plug-In Hybrid Batteries

Fisker Automotive has signed a supply agreement with the maker of nanostructured batteries.

  • January 14, 2010

Fisker Automotive, the startup that’s supposed to start delivering luxury plug-in hybrids later this year, has changed its battery supplier again. Now it’s going with A123 Systems, it announced today.

A123, which makes nanostructured lithium iron phosphate batteries that are safer and longer lasting than conventional lithium ion batteries, recently got a lot of money from a high-profile IPO. It’s also pulled in money from the feds to build battery factories. But it’s recently had bad news, too. It lost out to LG Chem for supplying batteries for the Chevrolet Volt (also due out this year). And then, after it announced an agreement to supply batteries for Chrysler, that automaker scaled back its plans for electric vehicles and plug in hybrids (cars that run mostly on electricity but have a gasoline engine for long trips). A123 also recently reported declining sales of batteries to the market it started with–cordless power tools.

Fisker had previously announced two other potential battery suppliers: Advanced Lithium Power, based in Vancouver, BC, and Enerdel, based in Indianapolis.

Tech Obsessive?
Become an Insider to get the story behind the story — and before anyone else.

Subscribe today

Uh oh–you've read all of your free articles for this month.

Insider Premium
$179.95/yr US PRICE

More from Sustainable Energy

Can we sustainably provide food, water, and energy to a growing population during a climate crisis?

Want more award-winning journalism? Subscribe to Insider Basic.
  • Insider Basic {! insider.prices.basic !}*

    {! insider.display.menuOptionsLabel !}

    Six issues of our award winning print magazine, unlimited online access plus The Download with the top tech stories delivered daily to your inbox.

    See details+

    What's Included

    Unlimited 24/7 access to MIT Technology Review’s website

    The Download: our daily newsletter of what's important in technology and innovation

    Bimonthly print magazine (6 issues per year)

/
You've read all of your free articles this month. This is your last free article this month. You've read of free articles this month. or  for unlimited online access.