April 18, 2014 8:19 PM ET

Electrical Equipment

Company Overview of Boston-Power, Inc.

Company Overview

Boston-Power, Inc. engages in the manufacture and distribution of lithium-ion batteries for transportation, utility energy storage, portable power, and government market applications. It offers lithium-ion cells, battery blocks, customized battery modules, customized electric vehicle battery systems, and modules with integrated electronics. The company was founded in 2005 and is based in Westborough, Massachusetts with a technology center in Beijing, China. It has manufacturing operations in Asia.

2200 West Park Drive

Westborough, MA 01581-3961

United States

Founded in 2005

Phone:

508-366-0885

Fax:

508-366-0998

Key Executives for Boston-Power, Inc.

Chairman of The Board and Acting Chief Executive Officer
Chief Financial Officer
Age: 46
Chief Operating Officer
Chief Technology Officer
Compensation as of Fiscal Year 2013.

Boston-Power, Inc. Key Developments

Boston-Power, Inc. Presents at The Wall Street Journal ECO:nomics, Mar-21-2013 11:30 AM

Boston-Power, Inc. Presents at The Wall Street Journal ECO:nomics, Mar-21-2013 11:30 AM. Venue: Bacara Resort & Spa, 8301 Hollister Avenue, Santa Barbara, CA 93117, California, United States. Speakers: Sonny Wu, Chairman of The Board and Acting Chief Executive Officer.

Boston-Power, Inc. Announces Board Appointments

Boston-Power, Inc. announced that Founder Dr. Christina Lampe-Onnerud has resigned from the Board of Directors. Dr. Lampe-Onnerud founded Boston-Power in 2005 and the company has filed 150 patents based on its breakthrough technology. Additionally, the company has earned accolades for its executive leadership and technology from organizations that include The Wall Street Journal, the World Economic Forum, The Cleantech Group/Guardian Media and News, Grist, and the Royal Swedish Academy of Engineering Sciences. Tony Shen recently joined Boston-Power as chief financial officer. Previously, he served as the CFO of Ku6 Media and the CFO of China BAK. He has expertise in investor relations, all financial aspects of operations, sales, marketing and mergers/acquisitions. Dr. Wayne Yuan also joined Boston-Power as vice president of engineering. He has over 20 years of experience in the automotive industry, including 16 years working for General Motors in Detroit, Michigan. Most recently, he was the general manager of the R&D Center for Beijing Mercedes-Benz Automotive Co. LLT., Beijing, China, and for six years Dr. Yuan was the vice president of R&D & Engineering at Beijing Hyundai Motor Company, Beijing, China. The Board of Directors is also announced the appointment of Dr. Rick Chamberlain as Boston-Power's chief technology officer, with full responsibility for the technology and product roadmap for the company to become a world leader in electric vehicle batteries. Dr. Chamberlain joined Boston-Power in 2006. His new role will include managing the Boston-based R&D organization encompassing battery chemistry, product engineering and BMS development programs for customers in China, the U.S. and around the world.

Boston-Power, Inc. to Supply Battery Systems to Beijing Electric Vehicle Company

Boston-Power, Inc. announced a multi-year agreement to provide battery systems to Beijing Electric Vehicle Company (BJEV). Boston-Power's lithium-ion batteries will fuel Beijing Automotive Industry Holding Company (BAIC)'s all-electric C70 model. Under terms of the agreement, Boston-Power's battery systems are expected to support multiple BJEV models and brands. Availability of pre-ordered vehicles begins in fourth calendar quarter 2012 with the C70 sedan, which is based on the 9-5 SAAB chassis BAIC acquired in 2009.

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