a123
A123 Systems Sale to Wanxiang Group Approved by U.S. Government
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.
A123 Expects Wanxiang Sale to Finish by February
Bankrupt battery manufacturer A123 Systems expects its sale to Chinese firm Wangxiang to be complete in a little over a week.
Johnson Controls Appealing A123 Sale to Wanxiang
Johnson Controls, the sole American bidder to U.S. battery maker A123, is appealing the company’s sale to Chinese firm Wanxiang Group.
Fisker Production Halted Until A123 Sale Concludes
For the last six months, Fisker hasn’t built a single car, and the American electric automaker doesn’t plan to until the sale of battery supplier A123 goes through.
Chinese Company Wins Auction for A123 Systems
A year riddled with controversy for electric cars is winding down, but not without at least one more flare up — Chinese firm Wanxiang Group won the bidding war for A123 Systems.
Fisker Planning to Partner with a Bigger Fish
Remora fish survive by attaching to sharks. Barnacle cling to boats and big rocks. Now, Fisker Automotive is planning similar tactics with a larger automaker.
A123 Eyed by Foreign Bidders on Auction Date
Bankrupt battery maker A123 Systems was scheduled to go up for auction today behind closed doors at a Chicago law firm, but the list of bidders is likely to cause trouble.
Industry Executives Skeptical on Electric Vehicles
Presidential candidate Mitt Romney isn’t the only one that’s skeptical about electric vehicles and their development. At an industry panel in New York, executives expressed their criticisms of the electric vehicle market as automakers have quietly shelved strong pushes towards developing EVs.
A123 Announces Battery With Wider Temperature Performance
Battery manufacturer A123 Systems introduced a new technology today it calls Nanophosphate EXT, which could be a game changer in the hybrid and electric vehicle segments.
Five Injured in GM Tech Center Battery Lab Explosion – Video
Yesterday, an explosion was reported at the General Motors Technical Center in Warren, Michigan and early reports had one or two people injured. An official statement was released by GM that five people were injured, one seriously. “We are aware of five employees being evaluated on scene by medical personal and only one employee is…
Fisker Battery Supplier A123 Systems Face Financial Obstacles
Start-ups are inherently risky and while many bright-eyed visionaries initially display great potential, up to fifty percent of new enterprises run out of money. Unfortunately, Waltham-based A123 Systems Inc. are at risk of becoming a statistic. Earlier this month, Consumer Reports reported that a brand-new Fisker Karma plug-in hybrid electric vehicle with less than 200…
A123 Takes Blame for Fisker Karma Glitch, Fisker Upgrades VIP Customer Care Package
With all the news buzzing around the Fisker Karma and its Consumer Reports fiasco, the American electric vehicle manufacturer finally spoke on the issue. But first, its battery supplier, A123 Systems admitted that it supplied Fisker with defective battery packs and has taken the blame for the notorious glitch on the Consumer Reports’ Fisker Karma. A123…
Fisker Automotive Running Out of Time and Funds?
Earlier this month, electric car manufacturer Fisker Automotive laid off around 65 workers and it became public knowledge that they were renegotiating loan details with the US Department of Energy. Now analysts (or at least one analyst) are predicting the inevitable death of Fisker as a company, especially since Fisker apparently did not meet certain…
Fisker Batteries May Have Safety Issue Says Supplier
In a very ironic story, battery maker A123 Systems Inc. has admitted to a potential safety issue in batteries it supplies to Fisker Automotive. What’s the irony in that? Well, General Motors, which is currently dealing with a fire safety issue of their own with their Chevy Volt, will be turning to A123 Systems’ batteries…
