The company expects to complete a manufacturing plant near Shanghai this year that will produce battery cells with as much as 400 megawatt-hours of storage capacity annually.
Boston-Power Inc., a closely held maker of lithium-ion batteries, will provide systems to a unit of Beijing Automotive Industry Co. for an electric car that will be available in China this year.
Boston-Power expects its batteries to be in “hundreds of electric vehicles starting in 2012 and thousands of EVs by 2014,” according to an e-mailed statement from the company.
The deal with Beijing Electric Vehicle is Boston-Power’s first with a Chinese carmaker, and the company expects the automotive industry to be its most important market, according to Christina Lampe-Onnerud, its international chairman.
BIAC BE 701 electric concept car could someday be powered by Boston Power lithium batteries.