A123 Systems Sells Grid Energy Storage BusinessLivonia-based A123 Systems LLC said Monday it had an agreement to sell its grid storage business and other assets in energy storage for the telecom and data storage industries to Japan's NEC Corp.
Battery Maker Navitas To Create 125 Jobs, Invest $9.3 million In MichiganNavitas Systems LLC will expand its Michigan operations and move to a new location in Pittsfield Charter Township, investing $9.3 million and creating 125 jobs over the coming four years, according to the state advanced energy industry accelerator NextEnergy.
A123 Systems Forms Tech Incubator DivisionTroubled battery maker A123 Systems LLC said Wednesday that it's forming a new division called A123 Venture Technologies.
Illinois Company Buys A123 Systems Government Business, Ann Arbor LabsNavitas Systems LLC, a provider of energy systems and energy storage products for commercial, industrial and government customers, announced that the United States Bankruptcy Court for the District of Delaware has approved the sale of A123 Systems’ Ann Arbor-based government business, including all U.S. military contracts, for $2.3 million.
Johnson Controls To Acquire Electric Car Battery Maker A123 SystemsElectric car battery maker A123 Systems has filed for bankruptcy protection and its automotive assets are being acquired by Johnson Controls. The deal is for $125 million.
A123 Hiring 400 In Livonia, RomulusThe lithium-ion battery maker A123 Systems Inc. plans to hire up to 400 people over the next several months at its two Michigan factories in Livonia and Romulus.
Law Firm Files Class Action Against Battery Maker A123The $55 million battery recall of A123 systems has produced its first class action lawsuit on behalf of shareholders.
ALTe Signs Battery Supply Agreement With A123 SystemsALTe Thursday announced a long-term supply agreement with A123 Systems for complete lithium ion battery packs to be integrated into ALTe's range-extended hybrid electric powertrain systems.
GM Awards A123 Systems Contract for Future Battery PacksGeneral Motors has awarded a production contract to A123 Systems, a developer and manufacturer of advanced Nanophosphate lithium ion batteries and systems, for complete battery packs to be used in future GM electric vehicles to be sold in select global markets. The batteries will be built at A123's plant in Livonia
GM Picks A123 Systems For Battery Pack ContractGeneral Motors Co. says battery maker A123 Systems Inc. will produce batteries to be used in future electric vehicles being sold in select global markets.
Battery Maker Marks 1,000th HireMuch of Michigan's Democratic political establishment congratulated A123 Systems Inc. for making its 1,000th Michigan hire Monday in an event at A123's new Romulus battery components plant.
A123 To Mark 1,000th Michigan Hire