Quantum Acquires Stake in Advanced Lithium Ion Battery Company

Irvine, California [RenewableEnergyAccess.com] Quantum Fuel Systems Technologies Worldwide acquired a 19.9% stake in Vancouver, British Columbia- based Advanced Lithium Power Inc. (ALP), a newly formed company developing leading-edge lithium ion and advanced battery control systems whose primary asset is intellectual property. ALP is developing state-of-the-art lithium ion battery and control systems that control state-of-charge and provide for thermal management, resulting in high-performance energy storage. ALP’s breakthrough technology offers significant opportunities and applications in hybrid electric vehicles, fuel cell vehicles, uninterruptible power supplies, and energy storage for renewable energy, such as solar photovoltaic applications.
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