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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

In its most recent 8K filing with the Securities and Exchange Commission (SEC), Li-ion battery maker A123 Systems said a number of circumstances have raised “ substantial doubt on [its] ability to continue as a going concern.”. million related to inventory produced at its Michigan facilities that may be defective. Earlier post.).

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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Postal Service Minivan - Click above for high-res gallery Chrysler is celebrating Earth Day today by unveiling the first four of what will be a fleet of 250 battery-powered minivans for the U.S. However, the electric drive portion of the vehicles, including the motor, electronics and A123 System lithium ion battery pack is identical.

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