A123 Systems and Wanxiang execute definitive agreements for investment of up to $465M in A123
Green Car Congress
AUGUST 16, 2012
A123 Systems expects the full investment from Wanxiang will provide it with the capital necessary to strengthen its competitive position in the global vehicle electrification and grid energy storage markets. Further, Wanxiang has demonstrated its commitment to partnering with and investing in U.S. — David Vieau, CEO of A123.
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