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A123 Systems

A123 to the Chinese?

December 12, 2012 in batteries, Companies, EVs by Rich Piellisch  |  No Comments

Wanxiang America Outbids JCI, Judge Says OK

It looks as if A123 Systems, and its Nanophosphate lithium iron phosphate battery technology and factories, will be acquired by Wanxiang America Corp, which has substantially outbid Johnson Controls, Inc.

A123 Auto Assets to Johnson Controls

October 17, 2012 in batteries, Companies, EVs by Rich Piellisch  |  No Comments

Nanophosphate Lithium Developer Files for Voluntary Chapter 11

A123 Systems, the Massachusetts developer and manufacturer of Nanophosphate brand lithium iron phosphate batteries, said Tuesday that it is selling its automotive assets and technology to Johnson Controls, Inc. via a $125 million transaction that includes $72.5 million in debtor-in-possession financing by JCI for A123 to continue operations.

EV Advocates Get Serious

January 15, 2012 in EVs, Fleet Order by rich  |  No Comments

ELC Calls for Large-Scale Fleet Demo Project, Could Be 1,500 Vehicles,
PG&E to Help Create ‘Comprehensive National Model for EV Deployment’

A coalition claiming “blue chip” membership is designing a large-scale electric vehicle demonstration project it says “will help create a comprehensive national model for EV deployment.” This year and next could see more than a thousand EVs, likely in Northern California.

Navistar, Pacific Gas and Electric, FedEx Express, A123 Systems, Hertz, Azure Dynamics, Coda Automotive, Ecotality, Automatiks, and GE Capital are members of the just-announced Electrification Leadership Council.

1,000 EVs? 1,500?

ELC, which according to Navistar eStar battery electric truck VP Mark Aubry has been working for more than a year, also includes large delivery service companies and vehicle manufacturers, and representatives of national, state and local agencies.

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