Boston portable energy storage power supply manufacturer

Could Boston-area battery companies power electric cars and smart grids?

Formed out of research at MIT, Worcester Polytechnic Institute and other nearby research institutions, these companies are developing technology that could power electric vehicles and smart grids of the future. Venture capital firms are betting big on Boston-area battery companies, too.

Who makes a solid-state battery?

Factorial Energy manufactures solid-state batteries that allow electric vehicles to drive 50 percent longer than conventional lithium-ion batteries, according to the company. The Woburn-based company launched from stealth last year and has raised $240 million, including a $200 million Series D in January.

Are venture capital firms betting on Boston-area battery companies?

Venture capital firms are betting big on Boston-area battery companies, too. In fact, three local battery businesses raised funds in October and now plan to supercharge their operations.

Who is power Edison?

Power Edison is an entrepreneurial company based in the greater New York area with experience in technologies, financing, and business models for mobile energy storage systems. Power Edison is focused on direct engagement of utilities and their customers to maximize utilization of mobile T&D storage systems.