GE invested in A123 and Think.  Which would make one believe that the A123 battery would have a definate leg up there.  But EnerDel announced that Think has ratified 35mill of their 70mill dollar contract.  So did A123 lose out here also?  If they lose the Volt plus the Think contracts I would think that they would be royally screwed.

I thought it was GE that invested $55 million into A123 not GM?

The Th!nk will offer three battery pack choices.  Two of those choices will be Lithium ion from A123 or Ener1.  Give the choice to the consumer and let them pick.

A123 was selected as one of the battery packs that will power the Th!nk along with EnerDel.  The Th!nk will be selling late this year in Europe.  It doesn’t have as much publicity as the Volt on this side of the pond.  Europe, not America or Asia, will lead the demand for EVs initially.  A lot of this has to do with regulation.  Companies and citizens will have to live with carbon tax very soon.  The UK will start selling carbon credits by the end of the year.  I wouldn’t be surprised if A123 does well in Europe.

Once again Kanellos writes articles apparently mostly by sheer guesswork. Unfortunately, those guesses aren’t even needed. Lyle at gm-volt.com has already discussed the battery situation with Volt battery execs and its clear that A123 Systems will continue to work with GM on developing future battery pack, and that they may very well get the contract for one of the Volt variants, something that everyone who has followed the Volt story is well aware of. Kanellos obviously knows squat about the Volt and can’t contact any of the Volt execs himself. So Kanellos sits on his duff and speculates.  So exactly why does Greentechmedia insist upon assigning articles to folks incompetent to write them?  This is the problem with these threadbare interney “news”
sites - they have a lot more opinion than fact and can’t afford to hire competent writers.

CORRECTED:

It was GE. Got my G’s confused. Rest of stories stand. If A123 only works on “future” batteries for the Volt, it’s a hit. They will be in the position of getting out an incumbent they failed against earlier. I don’t know if you noticed this, but everyone is basically linking to the Reuters story, which cites anonymous sources. A123 not commenting. They’ve been extremely tight lipped. I also went through parts of the recent S-1. Talked of general risk but didn’t see any eye-poppers yet. It is still up in the air, but it sounds like LG may have one. If so, it’s going to make that IPO tough.