Boston Business Journal.
A123 Systems Inc. has been chosen to produce battery packs for a battery-electric vehicle produced by an unnamed “major” North American automaker, said CEO David Vieau during the firm’s quarterly call earlier this week.
“We had previously announced that we were in consideration for that … there was a competitive environment,” Vieau said. “We’ve been selected for it and we’re tooling up to go forward.” The Watertown, Mass.-based maker of lithium-ion batteries will be producing the battery packs at the company’s factory in Livonia, Mich., and the company began delivering engineering battery packs late last year, Vieau said.
A123 has previously announced battery deals with a major Chinese automaker and several smaller customers in the US, including Fisker Automotive and Navistar, but last August said it had withdrawn from a program to supply batteries for Chrysler electric vehicles.
A123’ annual net loss increased by 78% in 2010 due to investment to support rapid growth in coming years.