A123 lands fresh battery funding, eyes expansion

clock • 2 min read

Lithium-ion specialist follows series of supply deals with $169m in funding and tax breaks

US-based A123 Systems has landed a further $169m (£113m) in funding to help bolster its nanotechnology based battery manufacturing capacity in the wake of recent supply deals with a number of high-profile...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Danny Bradbury

View profile
More from Danny Bradbury

US climate action can drive growth and reduce emissions, report says

John Kerry and Philip Hammond call for immediate climate action

More on Technology

Role of climate tech in the drive to reach net zero
Technology

Role of climate tech in the drive to reach net zero

Start-ups don't just need finance, they need an integrated support model throughout the journey from idea to exit, writes Andrew Wordsworth, co-founder and managing partner of Sustainable Ventures, a sponsor of the UK Green Business Awards 2025

Andrew Wordsworth, Sustainable Ventures
clock 08 May 2025 • 5 min read
'Uncertainty in the market': Statkraft shelves European green hydrogen plans
Technology

'Uncertainty in the market': Statkraft shelves European green hydrogen plans

Energy giant moves to focus on core activities, but confirms existing UK hydrogen projects are set to proceed

James Murray
James Murray
clock 08 May 2025 • 2 min read
Infrastructure in the digital age: A call for nationally critical datasets
Technology

Infrastructure in the digital age: A call for nationally critical datasets

The UK urgently needs a data-driven modern conception of infrastructure rollout that is fit for our rapidly changing digital age, writes Centre for Net Zero CEO Lucy Yu

Lucy Yu, Centre of Net Zero
clock 08 May 2025 • 3 min read