Here is some Congressional testimony quoted in the PHEV newsletter. See also:
A123Systems to Market PHEV Conversion Packs in 2008 1 May 2007 http://www.greencarcongress.com/2007/05/a123systems_to_.html Testimony Of David Vieau, CEO, A123Systems, Watertown, Massachusetts Before The United States Senate Committee On Finance Subcommittee On Energy, Natural Resources, And Infrastructure Concerning Advanced Technology Vehicles: The Road Ahead May 1, 2007 http://www.finance.senate.gov/sitepages/hearing050107.htm "A123Systems started 5 years ago as an MIT spin off with a $100,000 DOE SBIR grant. Today it has raised over $100 million, has over 300 employees and operates facilities in Watertown, Massachusetts and Ann Arbor, Michigan. We sell millions of batteries annually to Black and Decker, Dewalt and others for high powered handheld applications. We also are developing higher powered solutions for the aerospace and defense industries and have been chosen by GM, and other major American and European automakers, to help develop and power their hybrid and plug-in hybrid sedans, SUVs, trucks, buses and heavy equipment moving vehicles which will be coming on line over the next 3 to 5 years. This has all been made possible by our development of a unique Nanophoshate based lithium ion battery with a combination of power density, durability and safety in excess of anything mass produced on the market today. This assertion is confirmed by the ever growing list of partners who are choosing A123Systems as the power source of choice in enabling them to enter the increasingly attractive and profitable hybrid era. . . ."
