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.

For more information on companies in this article

Related Content

  • Natural Gas vehicle sales to increase at a healthy pace
    May 21, 2012
    Natural gas vehicles (NGVs) have been available to varying degrees since the 1970s, and earlier in some parts of the world. Despite this long history, adoption varies significantly from region to region, with NGVs used mainly for commercial vehicles in North America and parts of Western Europe and for consumer markets in parts of Asia and the Middle East. The primary growth drivers in these countries are the favorable economics of natural gas, the reduction of oil imports, the environmental benefits of lowe
    Read More
  • Fleet management systems in the Americas ‘will exceed 13 million units by 2019’
    November 10, 2015
    According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 4.7 million in the fourth quarter of 2014. Growing at a compound annual growth rate (CAGR) of 15.5 percent, this number is expected to reach 9.7 million by 2019. In Latin America, the number of active fleet management systems is expected to increase from 2.1 million in the fourth quarter of 2014, growing at a CAGR of 14.6 percent to re
    Read More
  • Advanced in-vehicle user interface - future developments
    February 1, 2012
    Dave McNamara and Craig Simonds, Autotechinsider LLC, look at human-machine interface development out to 2015. The US auto industry is going through the worst crisis it has faced since the Great Depression. But it has embraced technologies that will produce the best-possible driving experience for the public. Ford was the first OEM to announce in-car internet radio and SYNC, its signature-branded User Interface (UI), is held up as the shining example of change embracement.
    Read More
  • Toshiba develops electric-powered bus with short charging time
    May 1, 2012
    Small buses owned by Tokyo's Minato Ward, in Japan, will be retrofitted by with new motors and lithium-ion cells developed by electronics major Toshiba. In fiscal 2013, the Ward aims to start full operations of the electric-powered buses and conduct pilot runs by end-fiscal 2012. The Ward intends to deploy the buses for short journeys in housing locations, as the buses need to be recharged after a trip about 12km in a bid to maintain the battery level higher than 50 per cent. At this level of battery status
    Read More

Highlighted Content