30 Nov '12, 7pm

A123’s Bankruptcy Auction: U.S., Chinese, Global Players Contend: Bankrupt lithium-ion battery maker A123 is h...

Bankrupt lithium-ion battery maker A123 is headed for the auction block next week, setting the stage for an international bidding war over the assets of a once high-flying, government-backed green technology startup now fallen on hard times. Beyond would-be U.S. rescuer Johnson Controls and previous Chinese suitor Wanxiang , we’ve seen more than two dozen other parties jump into the fray. All have different ideas of which parts of the Waltham, Mass.-based company’s core assets they’d like to buy. But parties to the Dec. 6 auction, ordered by U.S. Bankruptcy Judge Kevin Carey earlier this month, will have to contend with some severe political uncertainty in making their plans. That’s because the U.S. government, which has given A123 about half of the money in a $249 million grant awarded in 2010 to help it build its Michigan factory, filed court documents this week stating ...

Full article: http://www.greentechmedia.com/articles/read/a123s-bankrup...

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Fisker borrows tax payer money, and builds electric cars for rich Californians. I continue to have 0 respect for this comp...

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FindYouDomain.com announced recently that both 2013.com and NYE.com domain names are now up for auction.The auction for 20...

Johnson Controls Withdraws from A123 Bankruptcy...

hybridcars.com 10 Dec '12, 4am

"While A123's automotive and government assets were complementary to Johnson Controls' portfolio and aligned with our long...

Fisker Karma Assembly Stalled Til Bankrupt Battery Maker A123 Is Sold #car #green

Fisker Karma Assembly Stalled Til Bankrupt Batt...

greencarreports.com 29 Nov '12, 5pm

By Antony Ingram Antony Ingram Contributing Writer BIO Antony has what can only be described as an obsession for all thing...

Johnson Controls withdrew from A123 Systems ban...

greencarcongress.com 09 Dec '12, 11pm

Johnson Controls withdrew from A123 Systems bankruptcy auction 9 December 2012 Following the announcement by A123 Systems ...

A123 Goes to Wanxiang in $260M Bankruptcy Auction Bid

A123 Goes to Wanxiang in $260M Bankruptcy Aucti...

greentechmedia.com 10 Dec '12, 5am

by Delaware Bankruptcy Court, on the schedule for Tuesday. The Committee on Foreign Investment in the U.S., chaired by Tre...

US Should Approve A123's Sale: Filed under: Ene...

altenergystocks.com 14 Dec '12, 12am

A123 Systems battery cell products (Source: A123 ) In writing this blog, I generally try to keep my own views muted and fo...

Bankrupt Battery Maker A123 Systems Bought By W...

greencarreports.com 10 Dec '12, 6pm

If the sale is approved, it will draw to a close a long sale process which has been ongoing since August . A bailout from ...

China’s Wanxiang Buys Battery Maker A123 Systems For $260 Million

China’s Wanxiang Buys Battery Maker A123 System...

gas2.org 10 Dec '12, 2pm

Pending approval by the Delaware bankruptcy court and the Committee for Foreign Investment in the United States, Wanxiang ...

China’s Wanxiang Wins Auction for A123 Systems:...

puregreencars.com 09 Dec '12, 8am

Wanxiang Group Corporation won a bid to acquire the assets of bankrupt battery maker A123 Systems that was funded partly w...

A123 goes to Wanxiang, not Johnson Controls: Jo...

paultan.org 10 Dec '12, 2am

Johnson Controls has officially withdrawn from the bankruptcy auction to acquire portions of A123 Systems when it declined...