Chinese Firm Wins Bid for A123
Wanxiang Group, a large Chinese auto parts maker, won a high-stakes auction on Sunday for assets of A123 Systems, the bankrupt American battery maker that was... Read More
A123 Sold Assets to Johnson Controls
Lithium-ion battery and systems maker, A123 Systems, said it will sell off its automotive business assets to Johnson Controls, simultaneously filing for Chapter 11 bankruptcy... Read More