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Electronic structures of LiFePO4 and related materials - Wake Forest ...

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Commercial use <strong>of</strong> LiFePO 4 ???(pure speculation)In 2001, Pr<strong>of</strong>essor Yet-Ming Chiang, Department <strong>of</strong> Materials Science <strong>and</strong>Engineering, M. I. T. co-founded A123Systems, a startup company involved withdeveloping, manufacturing, <strong>and</strong> marketing batteries based on lithium metalphosphate. (http://www.a123systems.com)Watertown, Mass. November 2,2005:A123Systems, developer <strong>of</strong> a new generation<strong>of</strong> Lithium-ion batteries, today unveiledits technology <strong>and</strong> announced thatit is delivering batteries with unprecedentedpower, safety, <strong>and</strong> life as comparedto conventional Lithium technology.A123Systems first battery is now in production<strong>and</strong> being delivered to the Black& Decker Corporation (NYSE: BDK). Itwill be first utilized by the corporation’sDEWALT br<strong>and</strong>, a leading manufacturer<strong>of</strong> power tools.7

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