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A123 Gets Lithium-Cell Deal For Unspecified GM Electric Car
Aug. 11, 2011 12:32PM PST
Battery Metals InvestingGreen Car Reports announces that GM (NYSE:GM) awarded a production contract for nanophosphate lithium-ion cells to A123 Systems (NASDAQ:AONE).
Green Car Reports announces that GM (NYSE:GM) awarded a production contract for nanophosphate lithium-ion cells to A123 Systems (NASDAQ:AONE).
The market news is quoted as saying:
First, A123 was an early pioneer in large-scale lithium-ion cells, using an iron-phosphate chemistry that holds somewhat less energy than other types of lithium-ion cell but is widely considered to be safer.
