A123 to supply lithium cells for SAIC’s electric car Electric Vehicle News

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SAIC Roewe E50 Electric Cars

A123 to supply lithium for SAIC’s electric car

Battery A123 Systems Inc. supply lithium-ion cells to Motor Corp. for use in an electric as the U.S. startup expands with China’s largest carmaker.

Cells made by part-owned by General Electric Co. be integrated into battery for Shanghai-based SAIC at Advanced Battery Systems Co. the companies’ venture, A123 said in a The car, due in 2012, will a range of about 100 miles charges, said Jason vice president of A123’s group. The battery maker say how many vehicles will be

I can’t give you a specific but the number is significant, David A123’s chief executive said in an interview late This is not a build just 200 kind of thing.

The U.S. maker aims to boost in China further after announcing plans to supply for SAIC’s Roewe 750 hybrid and 550 plug-in hybrid sedans. the world’s largest auto is offering buyers of plug-in and electric cars subsidies of as as 60,000 yuan ($9,000) to cut pollution and reduce oil dependency.

Biggest market

China be the biggest market for electric for a couple of reasons, Vieau

The government’s stated commitment is he said. Additionally, because an evolving market, consumers have a fixed set of expectations. don’t have an expectation a vehicle must travel 400 For many, a vehicle with 100 of range is sufficient.

Chinese government officials electric-vehicle production in the country may 1 million units a year by A123 said. China have as many as 20,000 hybrids and electric cars by Wan Gang, China’s minister for and technology, said last

Others estimate demand grow more slowly. J.D. Power Associates that Chinese consumers may buy plug-in hybrid or electric in 2020, out of a total of 5.2 million

SAIC Roewe E50 Electric Cars

China production

Electric and vehicles may account for 7.3 percent of auto sales by 2020, or 5.2 units, and China will for less than 9 percent of the plug-in hybrid and electric car by 2020, according to J.D.

A123, based in Watertown, will initially ship made at its battery factory in Mich. for the electric car, a China production line in 2013, Forcier said. He provide financial details.

SAIC will introduce the 750 gasoline-electric model in December and 550 plug-in hybrid at the end of 2012, Judy Zhu, a Shanghai-based for the carmaker.

A123 and SAIC their joint-venture battery in December 2009. The Chinese holds a 51 percent stake in the with A123 holding the

A123 also supplies batteries to Bayerische Motoren AG’s BMW, truckmaker International Corp. and Fisker Inc. a maker of luxury hybrid sports cars.

SAIC Roewe E50 Electric Cars

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