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.