Give me a lever, I could lift you out of the earth…

The United States engaged in lithium-ion rechargeable battery business in A123 Systems (A123 Systems) 2010 Nian 1 Yue 14 announced with the United States Fisk Automotive (Fisker Automotive) has signed a multi-year to the plug-in hybrid (PHEV) “Karma” the supply of the battery contract. At the same time, A123 Systems will also invested 23 million U.S. dollars Fisk car. Details of the funding, cash 13 million U.S. dollars, A123 Systems common stock 10 million U.S. dollars.

Fisk Automotive has signed with the United States EnerDel lithium-ion rechargeable battery supply, pre-contract. And this is A123 Systems won from the hands of EnerDel. A123 Systems Energy Solutions Group Manager Mujeeb Ijas proud to say, “Our supply system has been recognized.”

In addition, A123 Systems has also announced the expansion of the same day the battery factory. In order to increase production capacity to 200MWh, the company has started to expand the plant size of Livonia, Michigan. Scheme during the year 2010, production capacity expanded to more than 360MWh. The company announced in December 2009 from the U.S. Department of Energy (Department of Energy) to obtain 200 million 49 million U.S. dollars in financing for the establishment of the battery manufacturing plant.

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