A123 Systems, LLC announced that its businesses focused on advanced batteries for electric grid, backup power and lead-acid replacements for commercial applications will be branded A123 Energy Solutions. This will allow the company to combine the activities of several previous groups of A123 Systems under one division. This new division, headquartered in Westborough Massachusetts, will
+ Read More
A123 Systems, Inc. announced Tuesday, Dec. 11 at 5:55 pm that it has received approval from United States Bankruptcy Court for the District of Delaware to sell substantially all of A123’s assets to Wanxiang America Corporation. The Court also granted approval for A123 to sell its government business to Navitas Systems. As previously announced, following Johnson Control’s withdrawal
+ Read More