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A123 Systems (AONE) Enters Contract to Supply VIA Motors with Lithium Ion Battery Packs

January 5, 2012 9:07 AM EST
A123 Systems (Nasdaq: AONE) today announced that it will supply complete lithium ion battery packs to VIA Motors, an electric vehicle company building next-generation electrified trucks, vans and SUVs. To be integrated into VIA's Extended-Range Electric Vehicle (eREV) Powertrain, A123's 24kWh battery packs combine with a 300kW electric motor and an onboard generator to deliver an expected all-electric driving range of up to 40 miles.

"VIA plans to ramp up production significantly over the next three years to satisfy demand for clean, fuel-efficient full-size trucks and SUVs," said Kraig Higginson, CEO of VIA Motors. "We selected A123's Nanophosphate lithium ion battery systems because they are able to package higher power into a compact space in the vehicle."


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