A123 Systems, ALTe Sign Long-term Supplier Agreement

8/30/11Follow @XconomyDET

Auburn Hills, MI-based ALTe last week announced a long-term supply agreement with Waltham, MA-based A123 Systems for complete lithium ion battery packs to be integrated into ALTe‘s range-extended hybrid electric powertrain systems. The battery packs are designed to deliver higher power, longer life, and increased safety. This announcement comes just weeks after ALTe’s agreement with Pacific Gas & Electric for the California utility to test drive a vehicle retrofitted with an ALTE powertrain.

“We believe that ALTe’s innovative powertrain systems will enable organizations to cost-effectively hybridize their fleets of light trucks to realize the significant economic, environmental and operational benefits of electrification,” said Jason Forcier, vice president of A123‘s Automotive Solutions Group, in a statement.

Sarah Schmid is the editor of Xconomy Detroit. You can reach her at 313-570-9823 or sschmid@xconomy.com. Follow @XconomyDET

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