Lithium-Ion

  • A123 Systems Spinoff 24M Technologies Raises $16 Million

    A123 Systems Spinoff 24M Technologies Raises $16 Million

    Energy storage system producer 24M Technologies spun out of lithium-ion battery maker A123 Systems today to become a separate venture. The company raised a $10 million Series A funding round from Charles River Ventures and North Bridge Venture Partners. Read More

  • Boston-Power Recharges With $60 Million Funding For Lithium-Ion Batteries

    Boston-Power Recharges With $60 Million Funding For Lithium-Ion Batteries

    Better batteries may be on the way as lithium-ion battery producer Boston-Power ramps up its manufacturing and R&D with a $60M Series E round from Foundation Asset Management and Oak Investment Partners. Boston-Power produces Sonata, better known as Hewlett-Packard’s Long Life Battery, as well as Swing, which is used to power electric vehicles including the upcoming ZE Saab… Read More

  • Traveling with batteries and ordering gadgets online could soon get pricey

    Traveling with batteries and ordering gadgets online could soon get pricey

    Here are two totally unrelated things I like to do: order gadgets and smartphones online, and travel with loads of spare batteries. Well, perhaps they’re not all that unrelated. Both offer a lot of convenience and save a good amount of cash, but with a new proposal from the U.S. Department of Transportation, that could all soon change. Read More

  • Longer life lithium-ion batteries coming to a hybrid near you

    Longer life lithium-ion batteries coming to a hybrid near you

    Hybrid and plug-in vehicles have been plagued by poor battery performance in the past. The next-gen rides simply do not offer that much MPG improvement because of the lackluster batteries, but LG Chem and STMicroeclectronics are working on something new. By harnessing a more powerful and efficient battery management chip, they hope to improve lithium-ion batteries enough… Read More

  • Dell Recalls 4.1 Million Fire-Prone Notebook Batteries

    Dell Recalls 4.1 Million Fire-Prone Notebook Batteries

    Dell announced a recall of 4.1 million notebook computer batteries, warning users that it’s possible they could catch fire. Although company didn’t say the batteries would explode, it did admit they could “erupt in flames.” The batteries, made by Sony for Dell, were sold in notebooks between April, 2004 and July 18 of this year. Dell said the batteries in question… Read More