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Boston-Power raises $125M for China move

9/20/2011 01:44 PM EDT
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chanj0
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CEO
re: Boston-Power raises $125M for China move
chanj0   9/20/2011 4:59:20 PM
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"The $125 million funding includes private equity investment and support from China where, in addition to a manufacturing plant Boston-Power plans to put down R&D and electric vehicle battery engineering facilities." Seemingly, China is putting a lot of resources into energy of the future. What has US done?

chipmonk0
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re: Boston-Power raises $125M for China move
chipmonk0   9/20/2011 6:24:49 PM
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China has an industrial policy, it is use Wall St. to siphon off technology from the US.

MaxLi
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re: Boston-Power raises $125M for China move
MaxLi   9/20/2011 8:53:28 PM
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GSR ventures: ?????? It's NOT Wall Street money.

pixies
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re: Boston-Power raises $125M for China move
pixies   9/20/2011 9:20:19 PM
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Is this company related to A123? How many lithium-ion batteries technologies are there and how do they compare? I have just read an article that Chinese government is reducing its subsidy to electrical car technology because none of the technologies it supported lived up to its promise.

BicycleBill
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re: Boston-Power raises $125M for China move
BicycleBill   9/20/2011 9:56:16 PM
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This company is NOT related to A123, although they are located near each other.

GREAT-Terry
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CEO
re: Boston-Power raises $125M for China move
GREAT-Terry   9/21/2011 11:39:04 PM
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Is the new Li-ion battery something really new so that it can be even longer lasting and be charged faster? Any idea on what it is?

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