evcarco.com

Contact Us

877-MY EVCAR (877-693-8227)
Stock Info-OTCBB: EVCA

Posts Tagged ‘A123’

A123 Electric Vehicle Battery Maker About to See Company Turnaround?

Thursday, February 16th, 2012

A123 Systems Inc., (AONE) Electric Vehicle Battery Maker About to See Company Turnaround?

Electric vehicles have been out of testing labs and on the market, at least in limited quantities, for a few years now.  There are not a large number of these vehicles on the roads just yet, but slowly they are starting to become more of a presence.  One of the biggest reasons why the vehicles have not gained more popularity is simply that they are harder to manage.  While a traditional vehicle can go around 300 miles before refueling at one of the many available gas stations, electric vehicles can traditionally go about 100-200 miles before needing to be charged using a proper power source.  But a recent deal with A123, a maker of batteries for electronic vehicles, indicates that things may soon be changing.

A123 has inked a deal with Detroit’s GM to supply batteries for vehicles that are intended to be announced later on.  While little is known about the deal or the vehicles that the batteries will be used for, speculation indicates that the company will be providing GM with thousands of batteries.  The batteries are expected to be engineered and produced by the end of 2012, with vehicle production to begin shortly thereafter.  In the time following this announcement, it has also been noted that the remainder of the year is expected to bring more announcements from A123, including deals with BMW as well as another major North American car manufacturer.

So, what does all of this mean for the electrical vehicle market?  Well, it seems that this, too, is open to speculation.  Are GM and BMW working on new electric vehicles?  It will be some time before those announcements are made, but indicators are certainly pointing in that direction.  With numerous major car companies producing electric vehicles, the race may finally be on for car companies to produce an EV that can go farther and longer without the need to recharge.  The recent announcement regarding solar panels with the new EV from Ford certainly shows that makers are working hard to improve EV lifespan between charges.

Electric vehicles are still in their infancy.  The technology is available, but improvements will likely need to continue before the general public is willing to make these vehicles the primary choice.  But with announcements like these indicating that major manufacturers are likely putting more work and research into creating better electric vehicles, the dawning of a new era in personal vehicles might not be as far away as you think.

Yahoo Finance: A123 Systems, Inc., (AONE)

People viewing AONE also viewed: XIDE FSLR JASO TSLA STP REE

A123 Headlines

  • A123 SYSTEMS, INC. Files SEC form 8-K, Change in Directors or Principal OfficersEDGAR Online(Tue, Feb 14)
  • You’re Not the Only One Buying Hereat Motley Fool(Tue, Feb 14)
  • Fisker pins hopes on Karma as it seeks more cashat Reuters(Tue, Feb 14)
  • Batteries to Compete With Gas Peaker Plants by 2016, A123 Saysat Bloomberg(Tue, Feb 14)
  • Electric Vehicles May Be Worth Another Lookat Motley Fool(Mon, Feb 13)
  • [video] Fisker Automotive Under Fireat CNBC(Mon, Feb 13)
  • Why A123 Systems Is A Buy And Offers 700% Upside Potential Over The Next 3 Yearsat Seeking Alpha(Mon, Feb 13)
  • Toyota, Alcatel-Lucent, A123 are market moversAP(Fri, Feb 10)
  • A123 Advances on Deal to Supply Battery-Storage Systems in U.K.at Bloomberg(Fri, Feb 10)
  • DOE Loan Curse: First Solar Latest To Face Funding Delayat Forbes(Fri, Feb

Business Summary

A123 Systems, Inc., together with its subsidiaries, engages in the design, development, manufacture, and sale of rechargeable lithium-ion batteries and battery systems worldwide. The company’s battery products are based on its proprietary Nanophosphate technology for application development in the transportation, electric grid services, and commercial markets. In addition, it provides research and development services to government agencies and commercial customers. A123 Systems sell its batteries and battery systems directly to end-user customers, as well as through reseller and distributor channels. The company was founded in 2001 and is headquartered in Waltham, Massachusetts.

Key Statistics

EV Industry: Charing Station Trends in the United States

Friday, January 27th, 2012

Charging Station Trends in the United States

Though some of the most accessible and first fully electric cars have began to arrive in the United States in late 2011, the turn to hybrid plug-in and all electric vehicles has created the need for a system of charging station access. If you don’t know a lot about electric vehicles, or EVs, it helps to know that they have what is known as a “range”. This is a figure that indicates the number of miles that the EV can operate in between full charges. Hybrid plug-ins vehicles also have their electric capabilities or ranges too, and this is the reason behind the need for charging station access around the country.

What is so interesting is that it is retail stores that are really moving things forward by opting to install stations for consumers to use as they do their shopping or errands. The average charging station is going to be able to supply power to cars, scooters, and bikes that require batteries, but they will vary in terms of fees or prices.

For example, the world-famous Mall of America in Minnesota has a charging station system that asks for three dollars per hour in order to charge the batteries while other stations ask for nothing in return. The owners of the fee-less stations usually understand that a customer is not going to be in their store or shop long enough to take the full charge and they believe that this is simply a service to clients and the environment.

Industry experts feel that the days of free charging station access are numbered simply because the shift to hybrid and fully electric vehicles is inevitable. With changing efficiency standards being required by the United States government (capped at more than 50 MPG by 2025) it is going to be impossible for most manufacturers to avoid the use of battery systems. This means that increasing demands for charging stations will begin to arise very quickly, and the option for free charges will disappear just as quickly.

For now, there are literally hundreds of stations popping up all over the country. The most unique of them was unveiled in Bethesda, MD in 2011. This is a totally green station that uses solar panels, GPS tracking of the sun, and clean supplies to provide drivers with free charges. The owner is a real estate developer who decided to his “bit” for the environment by making the green solar charging station available in a heavy commuting region.

Categories

National Avg Gas Prices

EVCA.ob Stock News

Green Event News!

GO GREEN HOSTGATOR

Other Cleantech Renewable Stocks & Auto Groups

Google Translator

    Translate to: