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Wanxiang Group

Turbulent week of mixed fortunes for A123 Systems

Thu, 05/21/2015 - 15:31 -- Paul Crompton
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Turbulent week of mixed fortunes for A123 Systems
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It doesn’t matter how you spin it, lithium-ion battery manufacturer A123 Systems has had a heady mix of fortune this week.

Firstly the company, bought for £251million by China’s Wanxiang Group in 2012 after filing for bankruptcy, sold its the non-automotive lithium-ion battery and system integration branch.

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