A123 Systems

A123 Systems

Novi, Michigan, United States

Team size: 201 - 500

Sector: Transportation and mobility

About A123 Systems

Founders: Bart Riley, Ric Fulop, Shazad Butt, Yet-Ming Chiang

Founded date: 2001

Company revenue: US$ 100 - 500 million

Investors: General Electric, Motorola Solutions, Procter & Gamble Company, Sequoia Capital, US Department of Energy

Company stage: IPO

Based on new, highly active nanoscale material initially developed at MIT, A123Systems' low impedance Nanophosphate electrode technology provides a competitive advantage over alternative high power technologies. A123's cell and electrode designs lower cost/watt and cost/watt-hour. They have higher voltage than other long-life systems, enabling lower pack cost. Their long life leads to reduced lifecycle and system costs resulting in greater overall price-performance . Competitors include [Valence](http://www.valence.com), [Saft](http://www.saftbatteries.com) and [Lion Cells](http://www.lioncells.com).

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49 jobs at A123 Systems

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