Despite Bankruptcy, A123 Story Lives On: #evworld

Despite Bankruptcy, A123 Story Lives On: #evworld via @evworldeditor #A123 #wind #solar #bank #energy #smartgrid

Bankrupt Massachusetts cleantech upstart A123 Systems still holds plenty of value for the big companies wrangling to cash in on electric cars and a more efficient energy grid. American automotive systems giant Johnson Controls (NYSE: JCI) and Chinese manufacturer Wanxiang Group both want to get their hands on A123's car-battery manufacturing facilities, some of the few places where batteries that power electric cars and hybrids are made.

Full article: http://evworld.com/news.cfm?newsid=29031