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

  • Using electricity to power road freight
    October 22, 2014
    Next year sees the start of the first real-life electrified road system for transporting freight. Worldwide freight transportation is predicted to double by 2050 but despite expansion of global rail infrastructure only one third of this additional freight transport can be handled by trains. This means that the largest proportion of freight transport will continue to be by road and as a result, experts expect global CO2 emissions from road freight traffic to more than double by 2050.
    Read More
  • Report forecasts growth in global markets for intelligent transportation systems
    November 1, 2012
    A new report by information service provider Global Information says that intelligent transportation systems (ITS) improve public transport and traffic management to reduce traffic congestion, promote smoother and safer driving and improve coordinate and overall smarter use of transport networks. The development of intelligent infrastructures – from roads to bridges – is primarily a governmental responsibility while the domain of developing intelligent vehicles belongs to the commercial side. Both private a
    Read More
  • Thailand trying to attract eco-friendly car manufacture
    April 17, 2012
    Thailand's Board of Investment is trying to woo car manufacturers to the country. From its position as the world's No. 1 producer of one-ton pickup trucks, it claims Thailand is quickly emerging as a global hub for fuel efficient, eco-friendly car manufacturing, with Euro-4 emission standards and a fuel economy of nearly 50 miles per gallon. Six of the world's top auto producers have based their fuel efficient car production in Thailand in recent years.
    Read More
  • PwC surveys EV market potential
    April 19, 2012
    Collaboration between industry participants will be essential to bring alternative fuel applications to market, according to PwC's latest publication Charging Forward: Electric Vehicle Survey. While automakers continue to bring electric vehicles (EVs) to the marketplace, governments, local municipalities and utility companies are challenged with building the infrastructure required to support these vehicles long before mainstream consumption will take hold. PwC surveyed over 200 executives across multipl
    Read More

Highlighted Content