Li-ion maker A123 Systems sells Energy Solutions business to NEC for ~$100M; focus on micro-hybrids and transportation
Green Car Congress
MARCH 24, 2014
A123 Systems LLC, a developer and manufacturer of advanced Nanophosphate lithium iron phosphate batteries and systems, is selling its grid storage business and other assets related to energy storage for telecom and IT data storage applications to NEC Corporation for approximately $100 million.
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