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 […]