The Truth About Cars » A123 Systems http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Mon, 02 May 2016 23:59:25 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 A123 Systems Suing Apple, Ex-Employee For Poaching Engineers http://www.thetruthaboutcars.com/2015/02/a123-systems-suing-apple-ex-employee-poaching-engineers/ http://www.thetruthaboutcars.com/2015/02/a123-systems-suing-apple-ex-employee-poaching-engineers/#comments Fri, 20 Feb 2015 13:00:35 +0000 http://www.thetruthaboutcars.com/?p=1004514 Apple may or may not be building a car to battle Tesla, but the tech giant is in trouble with A123 Systems for poaching the latter’s employees. Autoblog reports the battery manufacturing is suing Apple in U.S. District Court in Massachusetts, seeking a restraining order preliminary injunction against former employee Mujeeb Ijaz, who it believes […]

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Apple may or may not be building a car to battle Tesla, but the tech giant is in trouble with A123 Systems for poaching the latter’s employees. Autoblog reports the battery manufacturing is suing Apple in U.S. District Court in Massachusetts, seeking a restraining order preliminary injunction against former employee Mujeeb Ijaz, who it believes […]

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Fisker May Follow A123 To China http://www.thetruthaboutcars.com/2013/02/fisker-may-follow-a123-to-china/ http://www.thetruthaboutcars.com/2013/02/fisker-may-follow-a123-to-china/#comments Fri, 15 Feb 2013 17:23:16 +0000 http://www.thetruthaboutcars.com/?p=477700 Reports by Bloomberg suggest that Fisker could sell up to an 85 percent stake to Chinese automaker Dongfeng. The automaker apparently bid $350 million for the beleaguered plug-in car maker, according to sources close to the company. With a $200 million Department of Energy loan still outstanding, and a possible cash crunch looming mid-year, Fisker has been […]

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Reports by Bloomberg suggest that Fisker could sell up to an 85 percent stake to Chinese automaker Dongfeng. The automaker apparently bid $350 million for the beleaguered plug-in car maker, according to sources close to the company. With a $200 million Department of Energy loan still outstanding, and a possible cash crunch looming mid-year, Fisker has been […]

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A123 Wants to Void Contract with Fisker, Fisker Says That Would Disrupt “Ongoing Business” http://www.thetruthaboutcars.com/2012/11/a123-wants-to-void-contract-with-fisker-fisker-says-that-would-disrupt-ongoing-business/ http://www.thetruthaboutcars.com/2012/11/a123-wants-to-void-contract-with-fisker-fisker-says-that-would-disrupt-ongoing-business/#comments Thu, 01 Nov 2012 17:08:51 +0000 http://www.thetruthaboutcars.com/?p=465622 While Johnson Controls and China’s Wanxiang Group have competing bids to acquire the assets of advanced battery maker and Fisker supplier A123, a more serious battle is occurring in U.S. Bankruptcy Court in Delaware between the startup automaker and what is arguably its most important vendor. A123 wants the bankruptcy judge to void its contracts […]

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While Johnson Controls and China’s Wanxiang Group have competing bids to acquire the assets of advanced battery maker and Fisker supplier A123, a more serious battle is occurring in U.S. Bankruptcy Court in Delaware between the startup automaker and what is arguably its most important vendor. A123 wants the bankruptcy judge to void its contracts […]

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A123 Files For Bankruptcy, Johnson Controls To Take Over http://www.thetruthaboutcars.com/2012/10/a123-files-for-bankruptcy/ http://www.thetruthaboutcars.com/2012/10/a123-files-for-bankruptcy/#comments Tue, 16 Oct 2012 20:22:55 +0000 http://www.thetruthaboutcars.com/?p=463775 Reuters reports that battery maker A123 Systems is filing to bankruptcy protection in Delaware. The company has received cash infusions from China earlier this summer, and its financial situation has been precarious, to say the least. Political controversies were also part and parcel of the story, as with any green energy project today, and A123 received a […]

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Reuters reports that battery maker A123 Systems is filing to bankruptcy protection in Delaware. The company has received cash infusions from China earlier this summer, and its financial situation has been precarious, to say the least. Political controversies were also part and parcel of the story, as with any green energy project today, and A123 received a […]

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A123 Systems Recalling Battery Packs Used In Fisker Karma, Other Cars http://www.thetruthaboutcars.com/2012/03/a123-systems-recalling-battery-packs-used-in-fisker-karma-other-cars/ http://www.thetruthaboutcars.com/2012/03/a123-systems-recalling-battery-packs-used-in-fisker-karma-other-cars/#comments Mon, 26 Mar 2012 16:35:04 +0000 http://www.thetruthaboutcars.com/?p=436508 A123 Systems will be replacing battery packs built at their Livonia, Michigan plant that contain prismatic cells – the same type used in the Fisker Karma. The recall is estimated to cost A123 about $55 million. The defective batteries are linked to the recent problems experienced by Fisker Karma owners, according to A123 CEO David […]

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A123 Systems will be replacing battery packs built at their Livonia, Michigan plant that contain prismatic cells – the same type used in the Fisker Karma. The recall is estimated to cost A123 about $55 million. The defective batteries are linked to the recent problems experienced by Fisker Karma owners, according to A123 CEO David […]

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Geely Plug-In To Use Same Battery Supplier As Fisker http://www.thetruthaboutcars.com/2012/03/geely-plug-in-to-use-same-battery-supplier-as-fisker/ http://www.thetruthaboutcars.com/2012/03/geely-plug-in-to-use-same-battery-supplier-as-fisker/#comments Thu, 15 Mar 2012 20:47:22 +0000 http://www.thetruthaboutcars.com/?p=435137 Geely has chosen their battery technology partner for their new plug-in hybrid vehicle, and their supplier, A123 Systems Inc., may not be a familiar name to everyone, but their wares have been used by other vehicles like the Fisker Karma. Advanced Traction Battery Systems, A123’s Chinese joint venture partner, will supply batteries for the Geely […]

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Geely has chosen their battery technology partner for their new plug-in hybrid vehicle, and their supplier, A123 Systems Inc., may not be a familiar name to everyone, but their wares have been used by other vehicles like the Fisker Karma. Advanced Traction Battery Systems, A123’s Chinese joint venture partner, will supply batteries for the Geely […]

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Another Plugin Problem: A123 Warns Of “Potential Safety Issue” With Fisker Karma Battery http://www.thetruthaboutcars.com/2011/12/another-plugin-problem-a123-warns-of-potential-safety-issue-with-fisker-karma-battery/ http://www.thetruthaboutcars.com/2011/12/another-plugin-problem-a123-warns-of-potential-safety-issue-with-fisker-karma-battery/#comments Tue, 27 Dec 2011 16:20:24 +0000 http://www.thetruthaboutcars.com/?p=423570 In the ramp-up to the launch of the Chevy Volt and Nissan Leaf, a great debate seized the engineering community: was Nissan opening itself to problems by not including a active thermal management system for the Leaf’s battery pack, or was Chevrolet’s liquid-cooled approach simply adding unnecessary complexity? Well, thus far, the verdict seems to […]

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In the ramp-up to the launch of the Chevy Volt and Nissan Leaf, a great debate seized the engineering community: was Nissan opening itself to problems by not including a active thermal management system for the Leaf’s battery pack, or was Chevrolet’s liquid-cooled approach simply adding unnecessary complexity? Well, thus far, the verdict seems to […]

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Chrysler Cancels Hybrid Ram, Approves Fiat 500 EV For Production http://www.thetruthaboutcars.com/2010/03/chrysler-cancels-hybrid-ram-approves-fiat-500-ev-for-production/ http://www.thetruthaboutcars.com/2010/03/chrysler-cancels-hybrid-ram-approves-fiat-500-ev-for-production/#comments Mon, 22 Mar 2010 18:08:17 +0000 http://www.thetruthaboutcars.com/?p=349945 In the leadup to its bailouts and bankruptcy, Chrysler seemed to have suddenly gotten religion about zero-emissions technology, parading around several ENVI electric vehicle prototypes. By the time Fiat had cleared the cobwebs from new product development in Auburn Hills, the EV vaporware had faded into nothingness. With the need to impress politicians ostensibly in […]

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In the leadup to its bailouts and bankruptcy, Chrysler seemed to have suddenly gotten religion about zero-emissions technology, parading around several ENVI electric vehicle prototypes. By the time Fiat had cleared the cobwebs from new product development in Auburn Hills, the EV vaporware had faded into nothingness. With the need to impress politicians ostensibly in […]

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Tesla IPO in the works? http://www.thetruthaboutcars.com/2009/11/tesla-ipo-in-the-works/ http://www.thetruthaboutcars.com/2009/11/tesla-ipo-in-the-works/#comments Sun, 22 Nov 2009 18:15:00 +0000 http://www.thetruthaboutcars.com/?p=336430 Reuters reports that Tesla is planning an Initial Public Offering, after postponing planned IPOs in 2008 and 2009. Tesla reportedly hopes to capitalize on the recent success of battery developer A123 Systems, on the assumption that the A123 IPO has raised interest in electric auto firms. According to one of Reuters’ sources, Tesla’s IPO filing […]

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Reuters reports that Tesla is planning an Initial Public Offering, after postponing planned IPOs in 2008 and 2009. Tesla reportedly hopes to capitalize on the recent success of battery developer A123 Systems, on the assumption that the A123 IPO has raised interest in electric auto firms. According to one of Reuters’ sources, Tesla’s IPO filing […]

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