Founder of Li-ion maker Boston-Power resigns
10 October 2012
Li-ion battery maker Boston-Power, Inc. (earlier post) announced that founder Dr. Christina Lampe-Onnerud has resigned from the Board of Directors.
The Boston-Power Board of Directors joins me in expressing our appreciation of Christina’s contribution to Boston-Power, as its founder in passionately developing the company into an EV battery technology leader it is today as well as helping with the transition over the past year with the company’s expansion in China. We know that Christina will continue to be an enormous success.
With the recent additions of Tony Shen and Dr. Wayne Yuan to our executive management team as well as leveraging the existing technology leadership with the Westborough R&D team, and our continued momentum in China, we are confident that we will be able to achieve her vision of making Boston-Power into a major supplier of EV battery systems to customers around the globe.
—Boston-Power Chairman and Acting CEO Sonny Wu
Dr. Lampe-Onnerud founded Boston-Power in 2005 and the company has filed 150 patents.
Tony Shen recently joined Boston-Power as the Chief Financial Officer. Previously he served as the CFO of Ku6 Media and the CFO of China BAK, a global manufacturer of lithium-based battery cells.
Dr. Wayne Yuan also recently joined Boston-Power as Vice President of Engineering. He has more than twenty years of experience in the automotive industry, including 16 years working for General Motors in Detroit, Michigan. Most recently he was the General Manager of the R&D Center for Beijing Mercedes-Benz Automotive Co. LLT., Beijing, China and for six years Dr. Yuan was the Vice President of R&D & Engineering at Beijing Hyundai Motor Company, Beijing, China.
"Dr. Lampe-Onnerud founded Boston-Power in 2005 and the company has filed 150 patents."
Thanks oil-bribed Republicans, Demos, and wimps. This was a winning high tech US battery company asking for a energy loan to expand.
"With the recent additions of Tony Shen and Dr. Wayne Yuan to our executive management team..
Boston-Power Chairman and Acting CEO Sonny Wu"
I wonder where the loan came from..
Posted by: kelly | 10 October 2012 at 06:39 AM
Is this another firm being sold to China?
Posted by: HarveyD | 10 October 2012 at 07:48 AM
China is picking up US high tech business and patents at pennies on the dollar http://www.technologyreview.com/news/429497/is-thin-film-solar-dead/
Posted by: kelly | 10 October 2012 at 08:16 AM
Yes Kelly....the world is doing a full 180 rather fast. It is now 'Go Far East Young Man' because the West is too corrupted and going bankrupt.
All Empires came and went. Some lasted 1000+ years and others destroyed itself in a few short decades/years.
The Roman and British Empires were two of the long lasting ones.
Posted by: HarveyD | 10 October 2012 at 09:19 AM
HD, the sad part is that a Constitutional 99% of America is decent, but only the 1% can afford buying the laws and elections. Bush/neo-cons, like Hitler, rigged/are rigging the elections. Fascists never won an honest informed vote.
Obama, Nobel peace prize laureate, saved the free world from a Republican trend of total collapse.
At maximum, a US tax IRA can add $30,000/year (=$3,000,000/century), but Romney has $105,000,000 sheltered in his 'IRA'.
A $105M IRA is legally impossible. Romney's undisclosed/undeclared foreign $Ms/$Bs are't tax fraud?
The same people who gave Bush a TEN(10%) final approval rating are falling for a election/tax set of neo-con felons who will make Bush, his "global financial meltdown", his WMD 'for profit' wars, his "most corrupt US adm. in US history", his war crimes all look like "GOOD TIMES" compared to what Romney/his neo-con 1% billionaire handlers intend for the 99%.
Where is 8 years of US memory, ending only 4 years ago?
China picking up US high tech business and patents at pennies on the dollar weakens the US 99% even further.
Apparently, watching this happen to America hurts even in foreign countries.
Posted by: kelly | 10 October 2012 at 11:07 AM
And all this is happening on Obama’s watch – Watching; and unconcerned that it is happening.
And no, orating/campaigning against it does NOT count as being concerned.
Spontaneous occupation of wall street does not count.
And promising to do something about it if Re elected does not count either.
American wealth and jobs going to the "more enlightened and more civilized" countries may be part of the redistribution plan.
And what kind of sub-culture respects Hollywood actors, singers, sports heroes, unambitious (but lucky) lottery winners and “warm puppies” more than someone that works and earns their wealth?
A sub-culture of losers, blaming it all on Bush.
The same people who hooted at those who gave Bush a TEN(10%) final approval rating are falling for a total incompetent who finally HAS a record - a proven record of doing nothing (no, orating/campaigning does NOT count).
And the rapid expansion of the welfare state does indeed appear similar to the end of the Roman Empire.
Obama is $10M richer now and firmly in the 1%; thus lending some credence to the claim that the 1% do not earn their money.
Mitt is wealthy due to tax fraud?
Really?
No chance that would go unnoticed - we have a Democrat tax fraud admitted “expert” as the Treasury Secretary.
Posted by: ToppaTom | 13 October 2012 at 08:46 AM