With the increasing demand for Li-ion battery technology - especially in the large format automotive market - there has been a proliferation of new US-based battery startup companies. Clearly this issue has also been influenced by the billions of dollars in US government funds on offer as part of the Obama stimulus package.
A recent report ('13 Battery Startups Hitting the Road with Lithium-ion') has highlighted the current status of some of these new companies. Of particular note are A123 Systems, Boston-Power and Imara. What is also interesting is that the report acts only as a snapshot - there are in fact several other startups that the report fails to mention.
In addition, longer established US companies such as Valence Technology, EnerDel and AltairNano are also very active.
In summary, the sector appears incredibly buoyant at the moment. It makes me wonder how long this will remain. As soon as the US government decides where it wants to invest its billions of dollars there may then have to be considerable consolidation.
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