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Battery maker A123 Systems files to go public

Boston-area battery upstart A123 Systems on Friday said that it plans to go public and raise $175 million.

The company, which is not profitable, on Friday filed papers in which it said it intends to raise as much as $175 million, based on the registration filing fee. The money will be used to expand it manufacturing and research facilities as well as pay back about $2.5 million in debt.

A123 Systems was spun out of the Massachusetts Institute of Technology seven years ago to commercialize lithium-ion batteries for a range of applications.

The batteries, which the company says last … Read more

Panasonic bike uses regenerative braking

Panasonic's Lithium Vivi RX-10S is no ordinary electric bicycle. For one thing, it has a battery that helps to power the onboard electric motor for assisted peddling. But what really sets it apart from the competition is its regenerative braking system.

A regenerative brake is a mechanism that reduces vehicle speed by converting some of its kinetic activity into another form of energy. In the case of the Panasonic Vivi RX-10S, the regenerative braking system stores the energy in the bicycle's 2.5-kilogram secondary Lithium-ion battery. This energy can then be used to extend the assisted travel range … Read more

A123 Systems plugs lithium-ion batteries into power grid

A123 Systems has signed on electricity utilities to use its lithium-ion batteries for short-term energy storage, according to a company executive.

The company, spun out of the Massachusetts Institute of Technology, is a closely watched venture that is best known for activity in the auto and power tools markets.

It is working with General Motors for plug-in hybrids and Think for all-electric town cars. A123 Systems also owns Hymotion, a company that converts hybrid cars to plug-in hybrids.

But lithium-ion batteries, already used in millions of consumer electronics devices, can be plugged into the electricity grid as well, according to … Read more

It's OK to carry fuel cells in carry-on bags, U.S. government says

The U.S. Department of Transportation issued a ruling today that will let passengers carry approved methanol fuel cells and up to two spare fuel cartridges in their carry-on bags.

Since fuel cells for phones and other devices won't likely hit the market until next year, the ruling technically doesn't affect anyone. That is, except for people like Peng Lim, CEO of MTI Micro Fuel Cells, who travels the country showing off prototypes of fuel cells for cameras and phones. (Peng's got a great collection of toys. See video here.)

Still, the ruling helps clear the way for the industry and consumer acceptance. … Read more

Blowing up batteries--for your safety

Lithium-ion batteries. They do blow up good.

Peter Roth at Sandia National Labs is conducting research on the durability and reliability of lithium-ion batteries, which are expected to power plug-in hybrids and electric cars in the future. Lithium-ion batteries store more energy than conventional batteries--six times as much as lead acid and two to three times as much as nickel metal hydride batteries, according to Sandia. However, lithium-ion cells can have unfortunate side effects.

Namely, an internal short circuit can lead to fire and a nasty explosion. In 2006, Sony had to conduct a multimillion-dollar battery recall because some had … Read more

TI taking tech for cutting cell phone energy to other markets

Texas Instruments wants to export what it knows about curbing power consumption in phones to the world outside.

The Dallas-based company has already come up with a series of chips that can be inserted into portable ultrasound devices to cut power consumption by up to 20 percent. The new chips also reduce signal noise by 40 percent.

The idea behind the push is fairly simple. The company has already made the silicon, and with some tweaks, can sell it to other customers. Much of the work TI has conducted in power management for cell phones was not performed because of … Read more

Mining lithium from geothermal 'lemonade'

If Simbol Mining's plans work out, within a decade it will deliver one-fourth of the world's increasing demand for lithium, used in batteries of hybrid and electric cars without creating waste or pollution.

The start-up eventually aims to mine more than 100,000 tons of lithium carbonate each year from geothermal sources. That's more than the current annual market for the compound; the company expects demands for it to quintuple by 2013.

Current mining methods won't provide enough for the future need for lithium-ion batteries, according to Meridian International Research.

Geothermal power plants bring silica, lithium, … Read more

New security rules for batteries on planes

If you don't want to lose your spare lithium batteries for your camera, notebook or cell phone, you might want to pack carefully for your next flight.

New rules from the Transportation and Security Administration that take effect on January 1 ban travelers from carrying loose lithium batteries in checked baggage. Passengers are allowed to pack two spare batteries in their carry-on bag, as long as they're in clear plastic baggies.

Fortunately, you don't have to worry about the batteries that are already installed in the devices you're bringing. The TSA has said it's safe … Read more

Tesla delays its battery business, but test drives begin

As part of its effort to get its first cars out of the door, Tesla Motors is putting its battery business on ice for a bit.

The electric car company back in January said it was going to sell its battery pack--composed of thousands of lithium-ion battery cells--to third party manufacturers. Interim CEO Michael Marks, however, made the decision to suspend the program in September when he also decided to push out the release of the car and scale back production a bit. Although a few Tesla Roadsters may come out this year, the bulk of the first cars will … Read more

Electric SUV is delayed

Phoenix Motorcars, the guys who want to bring you all-electric SUVs and trucks, won't be coming out with their cars this year after all.

CEO Dan Elliot posted this note on the company's site late Thursday night:

"We must also thank you for your patience in our development progress as we have worked to bring our product to market. We recognize that our product rollout has taken longer than originally expected as we continue to work through certification with the California Air Resources Board (ARB), finalize our financing package, and set up our production facility that will … Read more