Battery-maker Axion Power is riding the wave of the micro-hybrid car boom, signing deals with big automakers and climbing to the top of the emerging market
By Maria Gallucci, SolveClimate News
"Fuel efficiency standards in the U.S. and Europe are driving up demand for "micro-hybrid" vehicles — conventional cars that boost gas mileage by adding hybrid technologies. The market's boom has meant big business for a little-known Pennsylvania battery plant.
The New Castle, Pa.-based subsidiary of Axion Power International has nearly doubled its facility space and added more than a dozen jobs recently to help accommodate the soaring interest from major automakers."