A123 Battery Bankrupt

[Happy_Hamer]

yikes

Battery builder A123 Systems that won $249 million federal grant files for bankruptcy | Motoramic - Yahoo! Autos

 

[Moleculo]

Yeah, and the taxpayers are left holding the bill. Yet another example of why the government has no business being in the venture capital business

 

[desync0]

That's going to screw up the hybrids and electrics, wasn't GM using a123 packs in the volt?

 

[Kiev88CM]

That's going to screw up the hybrids and electrics, wasn't GM using a123 packs in the volt?

Yes, another outstanding failure from this administration.

GM Chooses A123 to Co-Produce the Chevy Volt Batteries

 

[pro151]

Johnson Controls may buy the core of the business. We still get screwed, but the technology continues here on U.S. soil. (For now at least)

Fisker's Battery Supplier, A123, Files Bankruptcy and Sells off Assets - Top Speed