jobsbattery maker cuts 30 mass. jobs - lithium ion battery for solar storage

Lithium-
BOSTON-ion battery manufacturersPower Inc.
As the company expands in China, the company plans to cut about 30 jobs, and the company has $0. 125 billion in private equity and government support in China to make batteries for electric vehicles.
According to the agreement, Boston-
According to Christina Lampe, power officials plan to elaborate today that the company will hire hundreds of workers at a research and development center in Beijing and at a manufacturing plant elsewhere in China
Founder and International chairman Onnerud. Boston-
Power will also hire a new China-
Chief executive and chief financial officer.
Lampe-"What is the focus of electric vehicles that really push this?
Onnerud talked about the transition.
"Our biggest customer is in China. ’’Boston-
According to state officials, Power is one of dozens of growing Massachusetts companies operating in China.
Low manufacturing costs attract many people. A Boston-
Power competitor has two offices in Waltham's A123 Systems in China.
Marlborough solar panel maker Evergreen Solar, which recently filed for bankruptcy protection, has a factory in Wuhan, an American super company.
Producing advanced technology for wind turbines and power companies, with sales, manufacturing and service personnel throughout China.
Julian Zhang, executive director, John F. rajarvali Asia Foundation, Harvard University
Kennedy School of Government says it's a challenge to stop us from cleaning
Technology companies will not be attracted to China, mainly because the Chinese government has offered a lot of subsidies as a temptation.
"We can't compete on subsidies," often said.
"China is advancing green development.
$0. 125 billion to attract Boston
Power is largely from GSR Ventures, a venture capital company with offices in China and California, mainly investing in technology companies that want to expand in China.
As part of supporting the Boston deal
Sonny Wu, general manager of Power, GSR ventures, will serve as chairman of the board of directors of battery companies.
The deal also depends on Boston-
Some industry observers say the demand is not unusual.
John T, chief executive of Natixis Global Asset Management, said: "Chinese people usually use this as part of the process . "
Hailer is responsible for the business of Boston investment in the United States and Asia. “The Chinese [also]
Technology is usually shared by you. ’’Lampe-
Start Onnerud in Boston
In 2005, Power said the decision to expand in China was not easy, especially since she had hoped to increase the company's manufacturing presence in Massachusetts.
But two years ago, her company lost $100 million in plans to build a $450,000 federal stimulus. square-
At the foot battery factory in Auburn.
"We have thousands of people involved in the plan," Lampe said . "Onnerud said.
"The day we were told we didn't get [
Stimulus Funds
We are back on track in China. ’’Now, Boston-
Westborough Electric will have about 35% fewer employees.
Lampe, layoffs may start as early as this weekOnnerud said.
If the United States wants to prevent China or other countries with low jobs from losing jobs,
Cost manufacturing, tax policies need to be fixed, so there are not so many incentives for companies to create jobs abroad.
He also said that immigration and education policies need to be revised so that foreign students who are educated here can find jobs more easily after graduation.
"Before we start blaming the Chinese for all of our problems and the companies we leave, we need to look at ourselves," Hailer said . ".
Erin Ailworth can be reached at eailworth @ globe. com.
Follow her on Twitter @ ailworth.