MIT 150: The Top 50

Number 33: 1, 2, 3, go! In 2001, Yet-Ming Chiang , an MIT materials science professor, created high-powered lithium-ion batteries with five times the power as before. Incorporated as A123 Systems in 2002 with the help of Boston-area entrepreneur Desh Deshpande, Chiang’s company was successful out of the box – signing deals to power everything from Black & Decker power tools to electric cars in China to power plants in Chile.
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Number 33: 1, 2, 3, go!

In 2001,Yet-Ming Chiang, an MIT materials science professor, created high-powered lithium-ion batteries with five times the power as before. Incorporated as A123 Systems in 2002 with the help of Boston-area entrepreneur Desh Deshpande, Chiang’s company was successful out of the box – signing deals to power everything from Black & Decker power tools to electric cars in China to power plants in Chile.