Fisker Suspends Production of the Karma

Steve Rousseau Popular Mechanics 11/30/2012

California-based Fisker Automotive has halted production of its plug-in hybrid Karma luxury sedan after battery provider A123 filed for Chapter 11 bankruptcy last month. The automaker says it is suspending production until a buyer is found for the failed battery manufacturer.

The news, first reported by Bloomberg yesterday, is yet […]

Battery builder A123 Systems that won $249 million federal grant files for bankruptcy

Justin Hyde Motoramic Yahoo! Autos 10/16/2012

No company has embodied Washington’s hope for an American-built electric vehicle business like A123 Systems. The Massachusetts-based company was supposed to become the leading home-grown supplier of lithium-ion batteries for automakers in the United States and around the world — fueled in part by a $249 million grant from […]

Another Green Energy Company Going Down?

Eric Odom Liberty News Network 19 June 2012

A123 Systems is the name of the company. Yes, it got “stimulus” money. No, it is not at all going swell.

The article continues at Liberty News Network.

Related: 10 Big Companies That are at Risk of Bankruptcy

Update: DOE Sent Confidential Information to Loan Guarantee […]

Scapegoating Oil Traders – Obama Depends On Public’s Ignorance To Shift Blame

Obama hasn’t a leg to stand on. But that doesn’t stop him from claiming that government is the answer to this made up problem.

Bruce McQuain Conservative Commune 4/18/2012

I could pretty much stop there and say the title tells you the story. Obama knows high gas prices are not good for his […]

Eco-scams are as easy as ‘A123’

Michelle Malkin 3/30/2012

While President Obama was busy lambasting Big Oil tax breaks on Thursday, yet another one of his environmental welfare recipients (the very kind he wants to redistribute oil subsidies to) was teetering on the edge of bankruptcy. Who needs to win the Mega Millions lottery? Start a pie-in-the-sky eco-boondoggle, and a half-billion-dollar […]

Another Stimulus-Funded Energy Company Hits the Skids

Jim Geraghty National Review Online 3/29/2012

Another stimulus success story – well, success for Democratic lawmakers and a company that received millions in federal funds – not a victory for the taxpayer, laid-off workers, or the customers who will probably never purchase the product of the rapidly sinking company.

A Waltham-based electric car battery supplier […]