Chrysler Purported in Talks with A123 About Electric Car Batteries
Chrysler LLC, in a rush to develop new, fuel-efficient vehicles, is in advanced talks about using batteries made by A123 Systems Inc. in an electric car due to be launched by 2011, people familiar with the matter said.
Chrysler, which now depends on trucks, sport-utility vehicles and minivans for 75% of its sales, is scheduled to demonstrate its battery-powered car for the first time in public Tuesday.
A123, Watertown, Mass., is a seven-year-old company vying to break into the nascent market for lithium-ion battery packs for automobiles. A123 is in the running to supply batteries for the Chevrolet Volt, the electric car General Motors Corp. is developing.
|<< PREVIOUS||NEXT >>|
blog comments powered by Disqus