A123 sold to Chinese firm

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Slim Pickens
Slim Pickens's picture
Last seen: 1 month 1 week ago
Joined: 04/28/2012 - 19:50
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Location: Lehigh Valley
A123 sold to Chinese firm


I wonder whether or not operations will continue under the A123 name?

JonnyC's picture
Last seen: 1 week 2 days ago
Joined: 01/14/2011 - 19:12
Posts: 1148
Location: Green Bay, WI - USA

I saw that headline too, and the first thing I did was check BLF for a thread Smile

Last seen: 1 year 6 months ago
Joined: 07/18/2011 - 15:25
Posts: 1811
Location: Montana, USA

What a joke. A failed American company funded with tax dollars goes bankrupt and then transfers its assets and technology to a Chinese firm.

Theoretically, they can take the same business model but do it more profitably with cheaper labor. Then they can turn around and sell American companies the same batteries (maybe of lesser quality). I’m getting sick of this.