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A123 awarded battery contract worth over USD 1 billion from SAIC GM
A123 System, a subsidiary of the Wanxiang Group has been awarded a contract to supply 2.6 million units of 48V lithium-iron phosphate battery packs to SAIC GM. The business is worth over USD 1 billion in sales. The new battery consists of fourteen 8Ah cells, and is 96mm in height. Its cell power is 3kW/kg and battery....
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