Boston-Power to supply battery systems to Beijing Electric Vehicle company

Boston-Power, a provider of next-generation lithium-ion battery cells, modules and systems, has announced a multi-year agreement to provide battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of Beijing Automotive Industry Company (BAIC). Under terms of the agreement, Boston-Power’s battery systems are expected to support multiple BJEV models and brands. Availability of pre-ordered vehicles begins in fourth calendar quarter 2012 with the C70 sedan, which is based on
August 10, 2012 Read time: 2 mins
6357 Boston-Power, a provider of next-generation lithium-ion battery cells, modules and systems, has announced a multi-year agreement to provide battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of 6358 Beijing Automotive Industry Company (BAIC). Under terms of the agreement, Boston-Power’s battery systems are expected to support multiple BJEV models and brands. Availability of pre-ordered vehicles begins in fourth calendar quarter 2012 with the C70 sedan, which is based on the 9-5 SAAB chassis BAIC acquired in 2009.

“China’s stated policy is to lead the world in the development of clean transportation and we intend to produce thousands of hybrid and electric vehicles,” said Fang Qing, general manager of Beijing Electric Vehicle Company. “We are impressed with Boston-Power’s green and high performing technology. We welcome the opportunity to work with the company and our other key suppliers to bring EVs to consumers in China and around the world.”

According to 5644 Pike Research, the market for Li-ion batteries for transportation will grow from US$2 billion annually in 2011 to more than $14.6 billion by 2017. The research firm points to China and the US as the two markets currently best positioned to enjoy the strongest growth rates for EV adoption. Notably, China is recognised in the report for being a world leader in instituting government policies to incentivise consumer adoption of EVs.

Related Content

  • February 3, 2012
    Johnson Controls-Saft to supply batteries for China EV platforms
    Johnson Controls-Saft, a specialist in the development and manufacture of advanced lithium-ion batteries for hybrid and electric vehicles, will supply the complete battery system for two electric vehicle platforms, which will be launched by the Beijing Electric Vehicle Company (BEVC), a subsidiary of Beijing Automotive Industry Company (BAIC).
    Read More
  • July 13, 2015
    Winners in electric vehicle batteries
    According to market analyst IDTechEx, which tracks the development of 45 electric vehicle categories and not just electric cars, there are now lithium-ion battery options for everything from forklifts and mobility vehicles for the disabled to e-bikes. Indeed, almost all the e-bikes in the West and Japan use them. 8000 forklifts in the USA have fuel cells with lithium-ion batteries though the Toyota Mirai fuel cell car and the Prius hybrid car still use NiMH. Whilst capturing market in micro hybrid cars,
    Read More
  • March 23, 2012
    SK Innovation and Continental team up on worldwide EV power
    SK Innovation and Continental Corporation have announced their intention to team up for powering electric vehicles worldwide. A joint venture is to be formed through which both companies want to develop, manufacture and market Lithium Ion battery systems for automotive applications. SK Innovation and Continental will have 51% and 49% of ownership respectively. The initial JV operations will be based in Germany and Korea; and the management team will be comprised of executives from both companies. The busine
    Read More
  • April 11, 2012
    China BAK receives government subsidy for its battery module project
    China BAK Battery, a manufacturer of lithium-based battery cells, has announced that the company has received a US$1.9 million subsidy for its battery module project from the National Development and Reform Commission (NDRC) and Ministry of Industry and Information Technology (MIIT). Comprised of cylindrical cells that can be used in electric vehicles (EVs), electric motors, electric bicycles (e-bikes) and power storage, the government funds will be used to further develop the battery module's efficiency an
    Read More

Highlighted Content