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A123 Lithium Packs for New Geely Plug-in

March 17, 2012 in Electric Drive, EVs, Hybrids by rich  |  No Comments

A123 Systems (NASDAQ:AONE) says that Advanced Traction Battery Systems, its joint venture in Shanghai with SAIC Motor Corp, has been picked to develop lithium ion battery packs for a new plug-in hybrid electric sedan from Geely, “one of the fastest-growing automakers in China and the parent company of Volvo Car.”

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