Green Car Congress

AUGUST 16, 2012

US-based Li-ion battery manufacturer A123 Systems announced the execution of definitive agreements with China’s Wanxiang Group Corporation, which follows the non-binding memorandum of understanding (MOU) that A123 signed with Wanxiang on 8 August 2012. Earlier post.) — David Vieau, CEO of A123.

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Green Car Congress

AUGUST 8, 2012

A123 Systems, a developer and manufacturer of advanced lithium-iron phosphate batteries and systems, signed a non-binding memorandum of understanding (MOU) with Wanxiang Group Corporation establishing the framework for a strategic investment through which Wanxiang would invest up to $450 million in A123. million (a decrease of 53% from $36.4

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Green Car Congress

MAY 31, 2012

A123 is required to create 300 jobs no later than 31 December 2016 for the tax credit to be non-refundable. million to assist in funding its smart grid stabilization project, the purpose of which is to develop and improve the quality of application of energy efficient technologies and to create or expand the market for such technologies.

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Green Car Congress

SEPTEMBER 17, 2017

Delaware Transit Corporation. Delaware Transit Corporation will receive funding to purchase Proterra 35' Catalyst E2 battery electric Buses, serving Wilmington and Sussex County. Indianapolis Public Transportation Corporation. Massachusetts Department of Transportation. Utah Department of Transportation. 1,000,000.

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