24M To Produce Utility-Scale Batteries
A new venture has spun out of A123systems that seeks to provide energy storage to utilities and the transportation industry. The new company, 24M Technologies, will work to commercialize large, utility-scale energy storage systems based on technology that originated with A123 and was further developed by MIT. The technology combines attributes of rechargeable batteries, fuel cells, and flow batteries according to the company.
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24M To Produce Utility-Scale Batteries