Green Car Congress

JANUARY 19, 2013

A123 Systems expects that the agreements for the purchases of its assets by Wanxiang America Corporation and Navitas Systems LLC to close, pursuant to the terms set forth in the agreements, by 1 February 2013. Earlier post.). A123’s joint venture with Shanghai Automotive. million by Navitas Systems, a Woodridge, Ill.-based

Missouri 210

Missouri Massachusetts Energy Storage Michigan 210

Green Car Congress

JANUARY 30, 2013

Li-ion battery maker A123 Systems LLC, a newly formed, wholly owned subsidiary of Wanxiang America Corporation, has acquired substantially all of the non-government business assets of bankrupt A123 Systems, Inc. A123 Systems LLC is targeting three core business areas: transportation, electric grid and lead-acid replacement.

Lead Acid 310

Lead Acid Ni-Li Li-ion Grid 310

Green Car Congress

DECEMBER 9, 2012

reached agreement on the terms of an asset purchase agreement with Wanxiang America Corporation through which Wanxiang would acquire substantially all of A123’s assets for $256.6 based provider of energy-enabled system solutions and energy storage products for commercial, industrial and government agency customers.

Ni-Li 342

Ni-Li Energy Storage Li-ion Purchase 342

Green Car Congress

SEPTEMBER 10, 2010

This new rotor technology could reduce costs, improve reliability, and yield lower cost of energy than existing MHK configurations. The Curators of the University of Missouri-Missouri S&T (Rolla, Missouri) seeks to develop an active health monitoring system for MHK tidal turbines. DOE Funding: $158,000.

Mariner 210

Mariner Energy Alaska New Jersey 210