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A123 expects assets sales to Wanxiang and Navitas to close by 1 Feb

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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

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New A123 Systems LLC emerges

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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’s joint venture with Shanghai Automotive. A123’s joint venture with Shanghai Automotive. Electric Grid. Lead-Acid Replacement.

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A123 Systems reaches agreement to sell substantially all assets to Wanxiang for $256.6M

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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.

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Electric Car Company and Liberty Electric Cars Intend to Form JV for EV Conversions of Luxury 4x4s

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Initially based at the Electric Car Company conversion center in Springfield, Missouri, the agreement will also include the establishment of further conversion centers across the United States on a franchise or company-owned basis. The Company has invested in the re-engineering of existing large, luxury vehicles (new or used).

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Dow and HPL Sign Li-ion Technology Transfer Agreement; Dow Kokam JV Acquires Assets of Kokam America

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HPL was spun out from Professor Graetzel’s laboratory at the EPFL (Ecole Polytechnique Federale de Lausanne, Switzerland) in 2003 and is focused on the development of nano-structured metal oxide energy storage materials and novel electrolytes for use in next generation lithium ion batteries. in South Korea.

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ARPA-E Selects 37 Projects for $106M in Funding in Second Round; Electrofuels, Better Batteries and Carbon Capture

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The US Department of Energy is awarding $106 million in funding for 37 research projects selected in the second round by the DOE’s Advanced Research Projects Agency-Energy (ARPA-E). Evaluations were based on scientific and technical merit and the potential for high impact on national energy and economic goals. Earlier post.).

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US DOE Awards $37 Million for Marine and Hydrokinetic Energy Technology Development

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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.

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