A123 Looks to Build Battery Plant

The company envisions full production volumes reaching 5 million hybrid vehicles or 500,000 "plug-in" electric vehicles per year by 2013.

Published: 17-Jan-2009

A Massachusetts company with a local connection wants to build a lithium-ion battery manufacturing plant in Michigan.

A123 Systems of Watertown, Mass., said last week it is seeking a $1.8 billion government loan to build a lithium battery manufacturing plant in southeast Michigan.

While Ohio is not getting the plant, observers note that A123 Systems is a collaborator with a Greene County firm, Applied Sciences Inc. in Cedarville. And some hope there may be opportunities for Ohio down the line.

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