Download - Leadership Summit Presentation - Jeff kessen
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©2010 A123 Systems, Inc. Proprietary and confidential.©2010 A123 Systems, Inc. Proprietary and confidential.
X PRIZE Leadership SummitTechnology Panel
28 July 2010Jeff Kessen
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©2010 A123 Systems, Inc. Proprietary and confidential.
A123 Systems, Inc.
A123 Systems is a leading U.S. developer and manufacturer of advanced high power, safe and long-life lithium-ion energy storage solutions for next-generation applications in the transportation, electric grid and consumer markets
• Corporate headquarters: Watertown, Massachusetts• 1600+ employees worldwide
• Mass producing millions of batteries per year• >1,000,000 square feet of manufacturing facilities
in China, Korea and United States• Investing ~$1B+ in capacity (2009 to 2012)• NASDAQ (AONE) since 9/2009
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©2010 A123 Systems, Inc. Proprietary and confidential. 3
Enabling New Products through Advanced Energy Storage
Core Markets
Drivers
Improve performance Reduce emissions Reduce toxic battery chemicals
Fuel economy Reduced emissions Energy independence Lighter-weight components Fuel efficiency
Increase grid reliability Enable Wind and Solar Increase plant efficiency/utilization
Consumer & IndustrialElectric GridTransportation
Portable and Mobility
StationaryPassenger Hybrids, PHEVs and EVs
Smart Grid Stabilization Systems
NetworkEnergy Storage
Commercial Hybrids, PHEVs and
EVs
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©2010 A123 Systems, Inc. Proprietary and confidential.
Program in FocusBAE Systems’ HybriDriveTM
• More than 40 million miles of revenue service• 1400+ systems currently logging well over 3 million miles / month• More than 2 years of operation, on-track for 6 yr design life*
* This application operates 16 hours per day, up to 7 days per week
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©2010 A123 Systems, Inc. Proprietary and confidential.
Program in FocusNavistar eStarTM
• All-electric delivery truck• 100 mile range with 4,400 lb payload capacity• First deliveries made to FedEx in May, 2010
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©2010 A123 Systems, Inc. Proprietary and confidential.
Program in Focus12MW Electric Grid Stabilization in Chile
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©2010 A123 Systems, Inc. Proprietary and confidential.
When will consumers adopt electric vehicles?
2010
50%
100%
201620142012
Today’s market prices vary widely
Battery Cost
Median battery prices will decrease dramatically in
the next 5 years
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©2010 A123 Systems, Inc. Proprietary and confidential.©2010 A123 Systems, Inc. Proprietary and confidential.
X PRIZE Leadership SummitTechnology Panel
28 July 2010Jeff Kessen