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Wanxiang America

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.

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