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We posted a piece yesterday discussing Michigan-based battery maker A123 making some necessary steps after emerging from bankruptcy, and today have some news relating to A123, albeit more indirectly. Green Car Reports got hold of an email sent to people who had bought the initial batch of 2012 Fisker Karma models by a representative from […]

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In addition to hopefully re-launching the Karma series hybrid, Fisker Automotive’s new owners aim to introduce a second plug-in model within the next three years. However, both Lu Guanqiu, chairman and founder of Wanxiang Group Co., which bought Fisker during a bankruptcy auction earlier this year, and Pin Ni, president of the company’s U.S. unit, […]

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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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Yesterday, “technology incubator” A123 Venture Technologies announced it would collaborate with SolidEnergy, an MIT startup, on advanced batteries with up to four times lithium-ion energy densities. A123 Venture Technologies is a business arm of the revived A123 Systems LLC now owned by the Wanxiang Group and the investment in SolidEnergy’s “transformative solid electrolyte technology” is […]

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Actually, the advanced battery company that was originated in Massachusetts and acquired this year after failure and a politicized tussle over who would gain control is emphasizing its continuity, and yesterday A123 Systems LLC announced bright forward-looking statements. Following its purchase in January by the Wanxiang Group, the company has named members to its Livonia, […]

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One of Fisker Automotive’s most influential backers, Ray Lane, resigned last week from Fisker’s board of directors as investors encircle the ailing company. Lane is a Partner Emeritus at Kleiner Perkins Caufield & Byers (KPCB), the firm whose credibility and backing enabled Fisker to raise hundreds of millions of dollars in private capital. The usually […]

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As far as official info goes, it is anyone’s guess, but anonymous sources have said Henrik Fisker is working with Hong Kong billionaire Richard Li in one of two potential bids to keep Fisker Automotive’s name alive. Henrik Fisker abruptly left the company he co-founded six years ago in March this year, and Reuters says […]

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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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