2 Articles
1 / 1
AddA123 expects Wanxiang sale to be finished by Feb. 1

The bankruptcy proceedings for A123 Systems are moving relatively smoothly toward completion, and it looks like Wanxiang America Corp. and Navitas Systems LLC should complete the transactions within the guidelines of the court-ordered asset purchase agreements by February 1, 2013.

AddCobasys and A123Systems will work together on li-ion hybrid batteries

Cobasys and A123Systems are no strangers to AutoblogGreen, but I have the feeling that we'll be hearing about these two companies a heckuva lot more in the coming years. I mean, think about the PHEV market, the EV market and whom these two firms have managed to align themselves with: GM, Enova and government agencies. Most (not all) of these partnerships, though, involve NiMH batteries and everyone knows that the near future lies in lithium-ion.

1 / 1