A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives
Green Car Congress
MAY 31, 2012
million to replace battery modules and packs that may contain defective prismatic cells produced at A123’s Livonia, Michigan manufacturing facility. A123 Systems has been the recipient of a number of state and federal grants and tax incentives. The State of Michigan also granted A123 a low-interest forgivable loan of up to $4.0
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