shaky battery maker claims an advance - 3.7 volt rechargeable lithium ion battery

Bill friacic and Matthew L.
DETROIT-2012 WALDJUNE 11
During President Obama's visit, the A123 System was hailed as central to his administration's use of $2 billion in government subsidies.
Began to produce precision batteries in the United States.
Instead, the company that produces lithium
The ion batteries of electric vehicles, which have stumbled with other emerging industries, are now likely to give more ammunition to those who criticize the president's huge spending on new energy technology.
A123 has had to lay off workers at a new plant in Livonia, Michigan.
After a battery failure in a new electric vehicle and a costly recall was required, part of the money came from a $0. 249 billion grant promised by the government.
The completion of the factory was delayed.
The company is short of money and warns that it may not be able to continue operating unless it raises more cash from private investors.
Although A123 represents the risk of the government's battery technology program, it also represents the government's commitment.
The A123 System released a new battery technology on Tuesday, which the company said was a breakthrough in the industry.
The ad pre-used a new chemical that can create a simpler, lighter, longer time
A persistent battery pack that does not require system cooling or heating.
The success or failure of new advertising technology is likely to determine the fate of a123.
It will also make an early judgment on him.
Obama has pushed electric vehicles more broadly and built a domestic industry to develop and manufacture advanced batteries to run them.
Given the tepid demand for the first models on the market, the president predicted that millions of electric vehicles would not seem to be on the road by 2015.
Total sales of Chevrolet Volt plug so far this year
Of the hybrid and Nissan Leaf electric vehicles, the total number of vehicles is less than 10,000.
Slow sales have become a campaign issue, the failure of solar power
Panel company Solyndra has also been severely criticized by the government.
Energy subsidies.
In response to solingdra's bankruptcy, the Department of Energy has tightened control over electric vehicles and other fuel-related loans --
Saving technology.
In terms of Fisker Automotive who received the defective A123 battery, when the company missed the production schedule, the government froze its loan.
Executives at A123, based in Waltham, Massachusetts.
For example, since the electric car market is not growing, the company started slower than expected.
The company reported a loss of $0. 125 billion in the first quarter of this year, with revenue down 40% from a year earlier.
"It's softer than we and others expected," said A123's chief executive David vio . ".
So far, however, major automakers are still working on electric vehicles and General Motors. M.
Contract has been given to A123 to provide batteries for Chevrolet Spark
Electric Mini cars will be launched next year.
As far as the government is concerned, A123 has recently been given an additional two years to achieve its production target at its Michigan plant and has received a full grant of $0. 249 billion, which is being phased out.
So far, only about half of the money has been given to the company.
In addition to the factory Grant, A123 received approximately $14 million in R & D funding from Doe.
Professor Prashant N said the government may have funded the company because "these people have some new chemistry, some new ideas," rather than the ability to commercialize the product.
Kumta, an expert in materials science at the University of Pittsburgh, began to study lithium-
Ion battery of 1990 s
A123, he said, was "a little disappointed" because it didn't put too many products into the market.
The Department of Energy said it would not comment on the viability of individual companies.
However, Spokesman Jen Stutsman said, "the electric vehicle market is expected to double by 2017 --
That's why automakers around the world are racing to launch new models of hybrid and electric vehicles.
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"The investments that are being made today will help ensure that jobs are created in the United States to support this fast-growing industry," she said . ".
Supporters of energy projects say it is unrealistic to expect every government to do so.
The company is booming immediately.
"We should be willing to take some risks for the new energy economy, even if some of them start
Ups failed, "said Colorado representative Diana Degert, a senior Democrat investigating the House Energy and Commerce subcommittee in solindra.
But Republican presidential candidate Mitt Romney, the former governor of massachusetts usetts, attacked subsidies to energy companies as a waste of taxpayers' money.
"When Mitt Romney becomes president, the government will stop intervening in the market," Romney spokesman Andrei Sol said on the campaign website . ".
The A123 System is a good example of how a promising enterprise can stagnate in the harsh realities of the automotive market.
Founded in 2001, the company is committed to the production of lithium.
Ion battery packs specially prepared for cars such as Fisker Karma and the upcoming all-
Electric version of Chevrolet Spark, a miniature car made by GM.
But when the company was forced to recall potentially defective batteries planned to be used on Fisk's car, it stumbled.
With the development of the electric vehicle market in the future, A123 may not rely solely on the batteries of these models to survive.
Instead, A123 now hopes that the new technology it launched on Tuesday called Nanophosphate EXT will help it enter the new market.
The company says the new electrolyte chemistry eliminates the need for heating and cooling at extreme temperatures.
This will avoid adding expensive and high temperatures-
Manage equipment and extend battery life.
This technology can be used to produce batteries for telecom equipment, military vehicles and mixed gases
Electric cars using startand-
Stop the engine system.
It can also produce batteries that can be used to replace millions of ordinary lead.
At present, there are acid batteries in the car on the road.
"This is a hedge against the electric car market . "Vieau said.
The company hopes the promise of the new technology will help persuade investors to support the company's $50 million convertible bond offering.
A battery expert said that the extended life of the new technology may have a direct impact on luxury goods. car market.
"The car company can promote this lithium-
"The ion battery will last the life of the vehicle and will not need to be replaced," Ahmad A said . ".
Pesalan is an engineer at the National Renewable Energy Laboratory in the Golden State of Colorado.
Potential auto customers can test samples later this year and production is scheduled to start in the first half of 2013.
Bill Frasch reports from Detroit and Matthew L.
Wald, Washington
A version of the article was printed on page B1 of the New York edition on June 12, 2012, with the title: the crumbling battery manufacturer claimed a breakthrough.
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