G.E. Invests in Lithium-Ion Batteries

GE will invest more money on lithium battery A123ion car-
Battery manufacturers outside Boston.
According to The Wall Street Journal, this is part of a $69 million cash injection from the latest round of financing: the injection will push Volkswagen.
The company plans to build a new plant in Michigan to produce lithium.
In recent years, it has developed ion batteries, battery packs and modules for the automotive industry.
The advance of the A123 program is good news for Michigan, whose economy has been plagued by a crisis in the auto industry, including the government.
Planning the restructuring of GM and Chrysler. L. C.
Michigan has been losing jobs in traditional manufacturing in recent years, and the governor of the state has been promoting alternatives
The energy industry is a potential market.
GE is one of the original supporters behind a123.
The report came after recent news that Chrysler chose A123 as its lithium supplier.
Batteries for electric cars.
A123 is also a supplier of SAIC, one of China\'s largest automakers.
Comments are no longer accepted.
GM also needs to invest in lithium-making.
Most of the lithium in the world comes from a few South American countries that will be able to form lithium OPEC if they wish. If Li-
Ion batteries become \"the next big thing\" and if they decide to do so, the lithium extraction country can make us over a barrel.
To prevent or mitigate this possibility, one needs to think ahead of time.
I have been running the same A123 battery on my hybrid electric bike since June 2005.
Still run like new.
Excellent battery: biodiversity. blogspot.
Com/2009/04/pimps-my-ride. html//www. biodiversivist.
I agree with you.
We absolutely need to stop potential disasters when we can.
Otherwise, we will become slaves to the lack of fuel and slaves to fewer countries, whose goodwill is similar to those that now control the world\'s oil.
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