A123Systems acquires Hymotion
A number of reliable industry sources have confirmed to me that battery maker A123Systems has quietly acquired Concord, Ontario-based Hymotion, which is one of the leading experts on retrofitting hybrid-electric cars into plug-in models. It makes complete sense. The two companies are already working together to supply plug-in hybrids to fleets in California and New York. Given that A123 will need to bolster its integration skills as part of work its doing with General Motors, having the team at Hymotion on board will be a major benefit.
Note: I did a podcast interview back in February with Hymotion’s founder Ricardo Bazzarella. Click here to listen.
Tyler Hamilton is editor-in-chief of Corporate Knights magazine and a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.
April 26th, 2007 at 9:03 am
Hybrid cars are really fuel economical someday it would replace these old cars.Toyota is one of those pioneer maker of hybrids maybe time will come the toyota door handle will have those finger print sensor entry.