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- A123_Systems abstract "A123 Systems, LLC, a wholly owned subsidiary of Wanxiang Group, is a developer and manufacturer of advanced lithium-ion (lithium iron phosphate) batteries and energy storage systems for transportation and other commercial and industrial applications.The company was founded in 2001 by Dr. Yet-Ming Chiang, Dr. Bart Riley, and Ric Fulop. By 2009, it had about 2,500 employees globally and was headquartered in Waltham, Massachusetts. The company's original product technology was based upon materials initially developed at the Massachusetts Institute of Technology.In 2010, A123 received a US$249 million grant from the U.S. Department of Energy for building battery production facilities. Approximately $129 million of the grant was used to build a 550 MWh battery plant in Livonia and another in Romulus. An untapped $120 million grant was abandoned by A123 by May 2012. The company laid off 125 workers in December 2011 as demand for partner Fisker's automobiles had slackened.A123 Systems had more than 3000 employees as of December 2012.In August 2012, Chinese automotive components manufacturer Wanxiang Group agreed to invest up to $465 million to acquire as much as 80% of A123 Systems;but the acquisition was not completed before A123 filed for bankruptcy.On October 16, 2012, A123 filed for bankruptcy protection under Chapter 11, Title 11, United States Code. On January 28, 2013, Wanxiang America purchased the preponderance of A123's assets out of bankruptcy for $256.6M and organized A123Systems, LLC.An earlier statement, released by A123 Systems in early October, said that it had entered an asset purchase agreement with Johnson Controls, with the stipulation that the company's bid must be approved by a US bankruptcy court and could be topped by a rival bidder.In the event, Johnson did not win the bankruptcy auction and withdrew its bid in early December.In early October 2012, the A123 Systems' stock was trading for 27 cents per share, down from a 52-week high of $4.44 per share about a year beforehand.".
- A123_Systems foundingYear "2001".
- A123_Systems locationCity Livonia,_Michigan.
- A123_Systems locationCountry United_States.
- A123_Systems numberOfEmployees "2000".
- A123_Systems parentCompany Wanxiang.
- A123_Systems product Electric_vehicle_battery.
- A123_Systems thumbnail A123_Systems_Advanced_Research_Ann_Arbor.JPG?width=300.
- A123_Systems type Subsidiary.
- A123_Systems wikiPageExternalLink releasedetail.cfm?ReleaseID=468811.
- A123_Systems wikiPageExternalLink www.a123systems.com.
- A123_Systems wikiPageID "9543352".
- A123_Systems wikiPageLength "28852".
- A123_Systems wikiPageOutDegree "97".
- A123_Systems wikiPageRevisionID "704342930".
- A123_Systems wikiPageWikiLink AES_Corporation.
- A123_Systems wikiPageWikiLink AES_Gener.
- A123_Systems wikiPageWikiLink Advanced_Technology_Vehicles_Manufacturing_Loan_Program.
- A123_Systems wikiPageWikiLink BAE_Systems.
- A123_Systems wikiPageWikiLink BAE_Systems_Electronics,_Intelligence_&_Support.
- A123_Systems wikiPageWikiLink BMW.
- A123_Systems wikiPageWikiLink Better_Place.
- A123_Systems wikiPageWikiLink Black_&_Decker.
- A123_Systems wikiPageWikiLink Buckeye_Bullet.
- A123_Systems wikiPageWikiLink Category:Battery_manufacturers.
- A123_Systems wikiPageWikiLink Category:Companies_based_in_Middlesex_County,_Massachusetts.
- A123_Systems wikiPageWikiLink Category:Companies_formerly_listed_on_NASDAQ.
- A123_Systems wikiPageWikiLink Category:Companies_listed_on_the_Pink_Sheets.
- A123_Systems wikiPageWikiLink Category:Companies_that_have_filed_for_Chapter_11_bankruptcy.
- A123_Systems wikiPageWikiLink Category:Electric_vehicle_battery_manufacturers.
- A123_Systems wikiPageWikiLink Category:Grid_energy_storage.
- A123_Systems wikiPageWikiLink Category:Manufacturing_companies_established_in_2001.
- A123_Systems wikiPageWikiLink Chapter_11,_Title_11,_United_States_Code.
- A123_Systems wikiPageWikiLink Chevrolet_Spark.
- A123_Systems wikiPageWikiLink Chrysler.
- A123_Systems wikiPageWikiLink City_car.
- A123_Systems wikiPageWikiLink Consumer_Reports.
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- A123_Systems wikiPageWikiLink DeWalt.
- A123_Systems wikiPageWikiLink Dongfang_Electric.
- A123_Systems wikiPageWikiLink Electric_car.
- A123_Systems wikiPageWikiLink Electric_vehicle.
- A123_Systems wikiPageWikiLink Electric_vehicle_battery.
- A123_Systems wikiPageWikiLink Envi_(automobile).
- A123_Systems wikiPageWikiLink File:A123_Systems,_Inc._logo.svg.
- A123_Systems wikiPageWikiLink Fisker_Automotive.
- A123_Systems wikiPageWikiLink Fisker_Karma.
- A123_Systems wikiPageWikiLink Ford_Motor_Company.
- A123_Systems wikiPageWikiLink General_Electric.
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- A123_Systems wikiPageWikiLink Johnson_Controls.
- A123_Systems wikiPageWikiLink KillaCycle.
- A123_Systems wikiPageWikiLink Kleiner_Perkins_Caufield_&_Byers.
- A123_Systems wikiPageWikiLink Lithium-ion_battery.
- A123_Systems wikiPageWikiLink Lithium_iron_phosphate_battery.
- A123_Systems wikiPageWikiLink Livonia,_Michigan.
- A123_Systems wikiPageWikiLink Massachusetts_Institute_of_Technology.
- A123_Systems wikiPageWikiLink McLaren.
- A123_Systems wikiPageWikiLink Michigan.
- A123_Systems wikiPageWikiLink Motors_Liquidation_Company.
- A123_Systems wikiPageWikiLink NASDAQ.
- A123_Systems wikiPageWikiLink Nanobatteries.
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- A123_Systems wikiPageWikiLink Operating_reserve.
- A123_Systems wikiPageWikiLink Orion_International.
- A123_Systems wikiPageWikiLink Phosphate.
- A123_Systems wikiPageWikiLink Plug-in_hybrid.
- A123_Systems wikiPageWikiLink Romulus,_Michigan.
- A123_Systems wikiPageWikiLink SAIC_Motor.
- A123_Systems wikiPageWikiLink Smith_Electric_Vehicles.
- A123_Systems wikiPageWikiLink Subsidiary.
- A123_Systems wikiPageWikiLink TTXGP.
- A123_Systems wikiPageWikiLink The_Guardian.
- A123_Systems wikiPageWikiLink Think_Global.
- A123_Systems wikiPageWikiLink Tokyo.
- A123_Systems wikiPageWikiLink United_States.
- A123_Systems wikiPageWikiLink United_States_Council_for_Automotive_Research.
- A123_Systems wikiPageWikiLink United_States_Department_of_Energy.
- A123_Systems wikiPageWikiLink Waltham,_Massachusetts.
- A123_Systems wikiPageWikiLink Wanxiang.
- A123_Systems wikiPageWikiLink File:A123_Systems_Advanced_Research_Ann_Arbor.JPG.
- A123_Systems wikiPageWikiLink File:Fisker_Karma_PHEV.jpg.
- A123_Systems wikiPageWikiLinkText "A123 Systems".
- A123_Systems foundation "2001".
- A123_Systems founder "Yet-Ming Chiang, Bart Riley and Ric Fulop".
- A123_Systems homepage www.a123systems.com.
- A123_Systems locationCity Livonia,_Michigan.
- A123_Systems locationCountry United_States.
- A123_Systems logo File:A123_Systems,_Inc._logo.svg.
- A123_Systems name "A123 Systems, LLC.".
- A123_Systems numEmployees "2000".
- A123_Systems owner "Wanxiang America Inc.".
- A123_Systems parent Wanxiang.
- A123_Systems products "Electric vehicle batteries, batteries for various commercial products".
- A123_Systems type Subsidiary.
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- A123_Systems wikiPageUsesTemplate Template:Citation_needed.
- A123_Systems wikiPageUsesTemplate Template:Convert.