# A123 Systems wins $1B battery supply contract with SAIC-GM

A123 Systems won a contract worth approximately $1 billion to supply 2.6 million Li-ion batteries for 48 V systems to the SAIC-GM joint venture in China.

- Type: Contract
- Announced: 2017-03-08
- Where: China, China
- Value: $1.00B
- Status: announced
- Capacity: 2.6 million Li-ion batteries
- Products: Li-ion batteries for 48 V systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [A123 Systems](https://endata.com/companies/22188.md) (supplier)
- [SAIC-GM](https://endata.com/companies/22189.md) (customer)

## Sources

- [chargedevs.com](https://chargedevs.com/newswire/a123-systems-to-supply-li-ion-batteries-for-48-v-systems-to-gms-chinese-jv/), 2017-03-08: "battery maker A123 Systems won a contract worth approximately $1 billion to supply 2.6 million Li-ion batteries for 48 V systems to the SAIC-GM joint venture in China."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.