Geely has chosen their battery technology partner for their new plug-in hybrid vehicle, and their supplier, A123 Systems Inc., may not be a familiar name to everyone, but their wares have been used by other vehicles like the Fisker Karma.
Advanced Traction Battery Systems, A123′s Chinese joint venture partner, will supply batteries for the Geely plug-in. The car is expected to go on sale in 2014. No word on whether A123 will play a role in future development of Volvo’s plug-in hybrids. A123′s stock price has fluctuated wildly over the last year or so, and recent news of Fisker battery problems (not to mention this article from the end of 2011) hasn’t helped the Mass.-based battery maker’s fortunes.