Notebook battery maker gets charged up for cars |
| CNET News.com - Jan 3, 2008 |
The lithium-ion battery maker has raised $45 million in a third round of funding. It also has signed its second contract manufacturing deal, an agreement with China's GP Batteries, which will give it the capacity to churn out a million batteries a month by the end of 2008. In all, Boston-Power has raised more than $68 million in funding.
Hewlett-Packard plans to release a notebook sporting one of Boston's Sonata batteries this year, and other large computer makers are currently in the final testing phases with the Sonata, Boston-Power CEO Christina Lampe-Onnerud said in an interview. (Last year, HP was still testing the battery.)
Boston-Power also has hatched plans to move into making large format lithium-ion batteries that could be used in plug-in hybrid cars. The current Sonata batteries for notebooks are based on small format cells, and each cell provides about 4.4 amp hours of power. Conventional notebook batteries provide about 2.6 amp hours. (Amp hours measure how much power a battery can store.)
Read Full Article from CNET News.com
- Posted: 2008-01-03 09:19:28
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