A123 Systems (AONE) Starts 2 New Business Groups

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11:17:57 am on November 13, 2009

A123 Systems just announced that they are setting up 2 new business groups, one focused on transportation and one focused on cell design and development. Jason Forcier will head the Automotive Solutions Group, which will work with automtive and transportation manufacturers around the world to provide batteries and battery systems.  Chris Tecca will head the Cell Products Group, which will focus on developing and improving a123’s battery cell products and Nanophosphate technology.

In a press release, David Vieau, A123 Systems’ president and CEO, commented on the new groups:

“The creation of these specific business organizations was a natural progression for the company as we continue to align our business offerings to best serve our customers, as well as put in place the infrastructure that we believe will help A123 Systems capitalize on our market opportunity and scale to much larger levels. We’ve added deep vertical expertise to our team as we take on new projects for customers who are eager to solve existing industry challenges by applying our battery cells and systems in innovative ways.”

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