Friday, May 04, 2007

A123 Systems and Hymotion Merge

Lithium battery maker buys Hymotion

A123 Systems, a leading developer of lithium-ion batteries, has acquired Hymotion, a hybrid-to-plugin hybrid conversion company according to A123.

"BREM (Battery Range Extender Modules) technology is the near-term answer for plug-in hybrid vehicle technology and, thanks to recent joint contracts with NYSERDA and the South Coast AQMD, no company had nearly as much real-world data on engineering aftermarket modules with A123Systems' batteries as Hymotion," said Akos Toth, Co-Founder and Director of Engineering of Hymotion. "Joining forces with A123Systems enables us to more efficiently address demand for plug-in hybrid electric vehicles today."

Some day soon, perhaps, BREM technology will make old hybrid cars much more valuable - as platforms to develop plug-in hybrid vehicles!

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