Wanxiang Group’s purchase of A123 Systems Inc. has been approved by the U.S. government, despite concerns of sensitive technology being transferred to China. China’s largest auto parts maker bid about ...
LANSING, MI — State officials are watching A123’s bankruptcy as they determine the fate of millions of dollars in tax breaks and other incentives awarded to the troubled electric car battery company.
After a long and bumpy road, battery-producer A123 Systems has officially filed for bankruptcy. This news comes immediately after word that the Waltham, Massachusetts-based company may not have enough ...
It was no secret that A123 Systems (NASD:AONE) was desperate for money. It's also no secret that Chinese companies are interested in buying Western companies, especially when they can acquire useful ...
It’s not April Fool’s Day, but A123 Systems has a sense of humor. They changed their name to B456. A B456 is a fire extinguisher. I noticed the article, “After sale to Chinese firm, bankrupt battery ...
(CNET) NEW YORK A123 Systems, a lithium-ion battery maker that has received hundreds of millions in government support, filed for bankruptcy protection today. The move makes A123 the latest government ...
Waltham-based A123 Systems, the battery and energy-storage systems maker with operations in Westborough and Hopkinton, has filed for federal bankruptcy protection for its U.S. operations and announced ...
NEW YORK (AP) -- Battery maker A123 Systems said Wednesday that Jason Forcier, the head of its automotive systems business, will become CEO of the company as it reorganizes under new ownership. The ...
Update: The IPO has come and gone, with A123's shares grabbing a 50 percent premium in their first day of trading. The results reinforce the points below. Hours ahead of battery maker A123 Systems' ...
SAN FRANCISCO (Reuters) - Apple Inc (AAPL.O) and electric battery maker A123 Systems are close to settling a legal dispute over claims that the smartphone and computer maker, which is also looking ...
A123 Systems , the lithium-ion battery maker backed by a $249 million U.S. government grant, filed for bankruptcy on Tuesday, prompting Republican Mitt Romney's presidential campaign to accuse the ...
How's this for timing? Electric car battery manufacturer A123, which supplied batteries to Fisker Automotive and General Motors, received a $946,830 payment from the US Energy Department the day its ...