Lithium ion battery maker Boston Power lands $125 million and plans to move most of its operations to China to serve the burgeoning electric-vehicle market.
Lithium ion battery company is trying to get $100 million in stimulus funds to help build a factory that will make batteries for cars and laptops.
With growing concern over the lack of U.S. car battery manufacturing, Boston Power says a proposed auto and laptop battery plant in Massachusetts is "shovel ready."
After three years of development, Boston Power sees its long-lasting Sonata laptop batteries now enter the marketplace as it looks to expand into different products.
The lithium ion battery maker gets $55 million in a Series D round to accelerate move from laptop batteries into transportation and utility energy storage.
After three years of development, upstart Boston-Power is expected to announce a customer that will include its premium batteries in laptops early next year.
After three years of development, Boston Power announces that Hewlett-Packard will offer its Sonata lithium-ion batteries as an upgrade for HP consumer laptops early next year.
Boston-Power raises $45 million and hatches plans to make batteries for plug-in hybrids.
Boston-Power is about to uncover its long-awaited Sonata battery, which it says is less likely to blow up. HP appears interested.
Lithium ion technology got burned in the summer's recall season, but Boston-Power says it has a better way to deliver the power.