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Battery maker A123 Systems Inc. got a boost on the stock market today when General Motors Corp. said that the Waltham company will supply the batteries for the electric version of the new Chevrolet Spark mini-car.
GM introduced the four-passenger Spark family as the smallest car in GM’s North American lineup, measuring 14 inches shorter than the new Sonic and three feet longer than the Smart Forto. The gasoline version of the Spark has a 1.2 liter engine. The Spark EV, for electrified vehicle, will be available in limited supply throughout select U.S. and global markets in 2013.
In August, GM awarded a production contract to A123 for Nanophosphate lithium ion batteries and systems to be used in future GM electic vehicles.
In late afternoon trading, shares of A123 (Nasdaq: AONE) were up 85 cents or 25.68 percent to $4.16.
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