A123 Systems Inc.

Cash surge, lighter batteries power A123 comeback

11:00 am U.S. ET | Aug. 25, 2014
A123 Systems LLC is in the midst of a recharge. Despite political opposition, it emerged from bankruptcy last year under the ownership of Chinese supplier conglomerate Wanxiang Group, made sweeping business plan changes and is expected to be cash flow positive for the first time in its history this year....
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A123 hires former JCI executive as chief technology officer

7:49 am U.S. ET | Aug. 19, 2014
A123 Systems hired former Johnson Controls executive Patrick Hurley as its new chief technology officer....
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A123 buys Leyden battery tech, which may be used in Chinese parent's EVs

6:48 am U.S. ET | June 17, 2014
A123 Systems, the battery maker bought by Wanxiang Group after it sought bankruptcy protection in 2012, purchased technology from Leyden Energy that the Chinese parent may use to make electric cars....
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Next big thing for A123 may be shift to small batteries

12:01 am U.S. ET | April 21, 2014
Now that battery-maker A123 Systems has the same corporate parent as Fisker, the supplier's strategy might seem clear: make lithium ion battery packs for electric vehicles. Not so fast. CEO Jason Forcier is eyeing a bigger target....
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Fisker assets spur Chinese duel with patents as top prize

Feb. 7, 2014 06:01 CET
Two Chinese-backed companies are locked in a bidding war, culminating next week, to take over bankrupt carmaker Fisker Automotive. The prize is 18 patents and a possible toehold in the U.S. and Chinese markets....
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