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The Detroit News reports that China's Wanxiang Group Corporation will acquire almost all of bankrupt A123 Systems Inc. for $256 million. The deal includes all of the American battery manufacturer's grid and commercial business assets as well as the company's facilities in Michigan, Massachusetts ...
Automakers are being pinched to increase safety and improve fuel efficiency, but those two goals often work against each other. That could change thanks to a material that is 99.99-percent air. Ward's Automotive reports that the California Institute of Technology, HRL Laboratories and the ...