deals, energy, lithium-ion

Boston-Power Expands Manufacturing

Ryan McBride 2/24/09

Boston-Power, a Westborough, MA-based maker of long-lasting lithium-ion batteries, says that it has struck a deal with battery maker GP Batteries to dedicate GP’s entire plant in Taiwan to the production of Boston-Power’s Sonata batteries. The deal is expected to double production this year of Sonata batteries, which Boston-Power is supplying to HP as lithium-ion replacement batteries for laptops. (Here’s a story that I wrote about Boston-Power’s recent $55 million financing and expansion.)

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.