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Within the next three years, A123 Systems plans to double the global production of its lithium-ion batteries to 1.5 gigawatt-hours. In order to meet these new levels, A123 said it will need to expand its factories, which are already at maximum production levels. “We’re at capacity at all of our production facilities,” said A123 CEO […]

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With experts in both the automotive and the technology industries debating whether Apple is building a production-level vehicle or just creating a mock-up for research, new information suggests that the company is indeed creating a car-sized battery. A portion of this evidence emerged following a recently settled lawsuit between Apple and A123 Systems, a lithium-ion […]

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The owners of the Fisker brand have released a teaser image suggesting a revised Karma may be soon be revealed. When Fisker effectively shut down in 2013 the company was working toward an “Atlantic” down-market model not unlike how Tesla is attempting with the Model 3 due below the Model S, but the new Fisker […]

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Yesterday A123 Systems announced it had completed the acquisition of energy technology patents by Leydon Energy. Among more than 20 patents is the rights to lithium titanate battery tech and other tech which could be used to build electric cars by the Chinese-owned Wanxiang which owns A123 Systems. Some of Leydon’s California employees will be […]

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Lu Guanqiu, the chairman and founder of China’s Wanxiang Group Corp. which purchased A123 Systems and Fisker Automotive says he’s bound and determined to successfully compete against Tesla in the U.S. and China. Stated plans to build new plug-in hybrid models are few, but his will to win in the electric car market is plain, […]

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A123 Systems is back into the spotlight and taking steps to focus on transportation batteries. The company announced March 24 an agreement to divest of its grid storage business and other assets related to energy storage for telecom and IT data storage applications. The company describes itself as a developer and manufacturer of advanced Nanophosphate […]

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Fisker’s saga is far from over and businessmen around the world are hovering over its Karma. We heard news not long ago that Detroit-based VL Automotive, in which ex-GM executive Bob Lutz is involved, is planning on selling V8-powered Fisker-bodied vehicles. According to news agency Reuters, VL Automotive is partnering with China’s Wanxiang Group with […]

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It looks like the A123 acquisition saga by Shanghai-based Wanxiang Group is coming to an end with today’s ruling from the U.S foreign investment committee. Wanxiang America Corporation has received approval from the Committee on Foreign Investment in the United States (CFIUS) to complete its acquisition of substantially all of the non-government business assets of […]

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In light of several setbacks, Fisker Automotive is weighing options of seeking funding from Chinese auto interests, and reportedly hasn’t assembled any of its extended-range electric Karma sedans in the past six months. According to Reuters, one of the Chinese firms is Wanxiang Group, the company that in December won an auction for bankrupt U.S. […]

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The saga of A123 Systems’ sale to Chinese Wanxiang is still making waves. The Strategic Materials Advisory Council (SMAC) unveiled on Jan. 3 a myths/facts paper on the issue. The SMAC as well as dozen of Republican and Democratic members of Congress say they are “deeply concerned by the economic and national security implications of […]

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