The financially strapped lithium ion battery maker signs an understanding to get an investment of up to $450 million from a Chinese auto components maker.
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I'm a Boston-based journalist with more than 20 years of experience covering technology and business. I come to MIT Technology Review from CNET, where I wrote about energy and science as the lead reporter and manager of the Green Tech blog. Along the way here, I've written about the Web, Internet startups, open source, enterprise software, and nearly everything else in the IT industry. Contact me at firstname.lastname@example.org.
Martin LaMonica's Stories
Lithium ion battery startup Boston Power, which bet the company on the Chinese EV market, has signed on a Chinese automaker customer.
Solar panels, used in the past Mars missions, were passed up in favor of a space battery for powering the car-size Curiosity robot.
Smart meters haven't lived up to their potential in making the grid more efficient. A software service to analyze meter data is one small step forward.
Having suffered from production snags and delays, Amyris gains $82 million comnmitment from Total to make fuels from sugar cane.
Consumer electronics company is researching ways to convert CO2 into useful chemicals with sunlight.
The MIT spin-off lands $30 million to build a demonstration plant that makes ethylene from natural gas, rather than oil.
"The doctor's robot will see you now" may become a new refrain in hospitals.
Ocean Renewable Power says it will have its first grid-connected tidal generator online this fall.
Technical improvements in LED light arrays mean lamps can crank out more light per watt, making them more competitive with incumbent technologies for commercial customers.