A123 Systems, Inc., together with its subsidiaries, engages in the design, development, manufacture, and sale of rechargeable lithium-ion batteries and battery systems primarily in the United States. Its batteries and battery systems are based on its Nanophosphate technology for application development in the transportation, electric grid services, and consumer markets. The company also offers its products worldwide. It has a joint venture with SAIC Motor Co. Ltd. to develop, manufacture, and sell complete vehicle traction battery systems for use in hybrid electric vehicles, and electric vehicles in China. The company was founded in 2001 and is headquartered in Watertown, Massachusetts.
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||Industrial Electrical Equipment