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Why Boston Power Went to China


While it's normal for established technology companies to turn to low-cost Asian manufacturing, lately even very young companies have been heading east.

A prominent example is Boston Power, a startup based in Westborough, Massachusetts, that's developing longer-lasting, higher-capacity lithium-ion batteries.

The company has won widespread recognition for its technology, and lists HP and Mercedes-Benz among its early customers. But in 2009, it failed to get a $100 million grant it had applied for as part of the U.S. Recovery Act, and in late 2011, the Chinese government stepped in with a package of $125 million in venture capital, low interest loans, and grants.

Now Boston Power is building a factory in China that can make enough batteries for 20,000 electric cars. It's also building a new R&D and engineering facility there.


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