Battery Maker

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.
Dow Sells Out Of Battery SubsidiaryMidland's Dow Chemical Co. said late Friday it had sold its interest in Dow Kokam LLC, a battery maker, to a company created by Maryland-based Townsend Ventures.
A123 Systems Hiring Again Under Chinese OwnershipThe Livonia-based battery maker A123 Systems LLC, purchased by the Chinese battery maker Wanxiang in January, Wednesday named executives and board members.