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  1. Obama Administration Had Advance Warning on Fisker

    Wed, 24 Apr 2013

    hurt badly by the 2008 recession and by the bankruptcy of A123 Systems , a Massachusetts company hired by Fisker to make batteries bankruptcy judge granted Fisker $15 million in a claim against A123 for breach of warranty, a fraction of Fisker's initial

  2. Republicans Seize on Bankrupcy of Battery Maker That Received $249M in Federal Loan Guarantees

    Wed, 17 Oct 2012

    yielding few new jobs. A123 Systems of Waltham, Mass going belly up. " A123 's bankruptcy is the company and CEO David Vieau for contributing hold. "Here's A123 , a clean-energy post Tuesday on the A123 bankruptcy that

  3. More Adults Living With Their Parents

    Wed, 17 Oct 2012

    administration's policy of backing green energy firms. A123 Systems - a manufacturer and designer of batteries and battery packs parts maker Johnson Controls will pay $125 million for A123 's auto business, which includes two Michigan factories

  4. A123 Systems , Obama-backed Battery Maker, in Bankruptcy

    Tue, 16 Oct 2012

    Rick Bowmer/AP Photo A123 Systems (AONE), the battery million with China's Wanxiang Group Corp. last year companies. In August 2009, A123 Systems received a $249 million Energy. The failure of A123 Systems follows the highly-publicized

  5. Green Firms Get Fed Cash, Give Execs Bonuses, Fail

    Mon, 5 Mar 2012

    Energy Department loan and grant recipients -- from electric car maker Fisker Automotive to electric-car battery maker A123 Systems to Colorado-based Abound Solar -- have laid off workers or suffered financial woes. Those setbacks come on top of

  6. More Green Energy Layoffs: Colorado Solar Firm Cuts Workforce in Half

    Wed, 29 Feb 2012

    workers. In November, the company developing batteries for Fisker announced the temporary layoff of 125 employees. A123 Systems had received a $249 million Department of Energy stimulus grant. Witsoe said the solar manufacturing sector has been

News

  1. Slick Waters: Heckuva Dilemma, As Sludge Sticks to Politics and Policy

    Fri, 30 Apr 2010

    and workers from two U.S. manufacturers: Itron, a Washington state based manufacturer of smart energy meters, and A123 Systems , a Massachusetts based advanced battery manufacturer.” On to those other choppy waters -- a critical time for Gov. Charlie Crist

  2. The Presidential Planner

    Fri, 30 Apr 2010

    workers from two U.S. manufacturers: Itron, a Washington state-based manufacturer of smart energy meters, and A123 Systems , a Massachusetts-based advanced battery manufacturer. The White House says both "are expanding production and hiring

  3. Investors' reactions mixed as IPOs make a comeback

    Thu, 24 Sep 2009

    company, Foursquare Capital, delayed its IPO Thursday. •Hungry for "green" IPOs. The day's biggest winner was A123 Systems aone , a high-tech battery maker, which saw its shares jump 50% to $20.29. But that pop says more about the

  4. Venture capital for alternative energy tumbles 63%

    Mon, 11 May 2009

    companies raised $69 million in the first quarter, up 37% from a year earlier, according to the investment report. A123 Systems , which makes lithium ion batteries for electric cars, signed a deal with General Electric this year. While oil and

  5. Chrysler plans to shock industry, sell electric car in 2010

    Tue, 23 Sep 2008

    potential supplier on the battery side now." The Wall Street Journal has reported that Chrysler is in advanced talks with A123 Systems , a potential supplier to GM's Volt project. The range-extended vehicles, which are in the same vein of development

  6. Laptops May Get More Battery Life From Silver-zinc

    Thu, 1 May 2008

    Think of how many laptops and cell phones we use and carry," he said. Companies like Valence Technologies and A123 Systems are researching phosphate material that should further reduce the fire risk. It also remains to be seen if silver-zinc

  7. GM: Deal could put it in lead in electric car race

    Thu, 9 Aug 2007

    cars to market, a top company official said Thursday. A123 Systems , based in Watertown, Mass., already produces thousands American International Auto Show in Detroit in January. A123 expects to have the batteries, which would be flat and

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Photos

  1. PHOTO: President Barack Obama speaks in the Rose Garden of the White House with David Vieau, president and chief executive officer of A123 Systems Inc., right, in Washington, D.C., April 30, 2010.

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