Battery builder A123 Systems files for bankruptcy

alpg88 · Oct 16, 2012

No company has embodied Washington's hope for an American-built electric vehicle business like A123 Systems.

http://autos.yahoo.com/blogs/motora...-won-249-million-federal-grant-143806554.html

Edited to comply with CPF rule 5. - Empath

jtr1962 · Oct 16, 2012

There will still be electric vehicles, only they won't be using batteries made in America. Actually, this doesn't surprise me. I've been seeing many Chinese-made LiFePO4 cells. Most are actually decent, although not as good as the A123 cells. I hope they license their IP so somebody will continue making their cells.

alpg88 · Oct 16, 2012

jtr1962 said:
I hope they license their IP so somebody will continue making their cells.

that makes 2 of us

sledhead · Oct 16, 2012

Thought they just had a breakthrough and got a contract for the Volt? Yipes

dano · Oct 16, 2012

249+ million of OUR tax dollars flushed down the proverbial toilet. When free money is given by the Govt, there is litle incentive to be successful or productive

Monocrom · Oct 16, 2012

dano said:
249+ million of OUR tax dollars flushed down the proverbial toilet. When free money is given by the Govt, there is litle incentive to be successful or productive

Absolutely ridiculous! Apparently we were all investors. I know I never received a single quarterly report. How about you guys?

Empath · Oct 16, 2012

Turned it political, didn't you? It's now a good subject for our Underground.

Battery builder A123 Systems files for bankruptcy

alpg88

Flashlight Enthusiast

jtr1962

Flashaholic

alpg88

Flashlight Enthusiast

sledhead

Flashlight Enthusiast

dano

Flashlight Enthusiast

Monocrom

Flashaholic

Empath

Flashaholic

Similar threads

Latest posts