Founded:
2001
Headquarters:
Westborough, MA
Description:
A123 Systems is a manufacturer of lithium-ion batteries and battery systems for the transportation, electric grid, and commercial markets.
Founders:
Bart Riley, Ric Fulop, Yet-Ming Chiang
Categories:
Batteries, Clean Technology, Mobile
Website:
http://a123systems.com

Detailed Description

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Based on new, highly active nanoscale material initially developed at MIT, A123Systems' low impedance Nanophosphate electrode technology provides a competitive advantage over alternative high power technologies.

A123's cell and electrode designs lower cost/watt and cost/watt-hour. They have higher voltage than other long-life systems, enabling lower pack cost. Their long life leads to reduced lifecycle and system costs resulting in greater overall price-performance .

Competitors include Valence, Saft and Lion Cells.

Current Team (13)

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Past Team (9)

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Funding Rounds (8) - $502.9M

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Investments (2)

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Board Members and Advisors (1)

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Products (1)

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Acquisitions (1)

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Investors (11)

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Offices/Locations (1)

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  • Energy Soln's (div)

    155 Flanders Road

    Westborough, MA 01581

    USA