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

  • Alternative fuel and hybrid vehicle ‘to grow at 12.9 per cent to 2022’
    October 21, 2016
    A new report published by Allied Market Research, Alternative Fuel and Hybrid Vehicle (AFHV) Market by Alternative Fuel Type, Vehicle Type, and Geography: Global Opportunity Analysis and Industry Forecast, 2014-2022, projects that the world AFHV market is expected to reach US$614 billion by 2022, growing at a CAGR of 12.9 per cent during the forecast period. The passenger vehicle segment is estimated to dominate the market from 2016 to 2022. Asia-Pacific dominated the global market accounting for a market s
    Read More
  • Seamless transport - the need for connectivity and sustainability
    January 24, 2012
    At the beginning of August, 2011, Carole Coune took up her new role as Secretary General of the International Transport Forum at the OECD. Here, she tells ITS International of the challenges and opportunities the global sector faces. Transport is a growth industry. Despite the current financial crisis, the trend for transport is pointing upwards. Demand is mainly driven by global economic integration, a growing world population and rising incomes in emerging economies. As we head toward nine billion humans
    Read More
  • Seamless transport - the need for connectivity and sustainability
    February 6, 2012
    At the beginning of August, 2011, Carole Coune took up her new role as Secretary General of the International Transport Forum at the OECD. Here, she tells ITS International of the challenges and opportunities the global sector faces
    Read More
  • Off-grid EV charging coming to Israel 
    December 1, 2021
    Partners will consider expanding the cooperation to projects in China
    Read More

Highlighted Content