"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?
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.