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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 […] December 1st, 2012 | Tags: 'green' technology, "green jobs", "green subsidies", A123 Systems, bankruptcy, Fisker Automotive, Fisker Karma plug-in hybrid car, Hurricane Sandy, JCI Industries, lithium ion batteries, Wangxing Group | Category: California, China, Department of Energy, Europe, Federal spending, New York | Comments are closed
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 […] October 18th, 2012 | Tags: 'green' technology, A123 Systems, bankruptcy, David Prystash, David Vieau, electric cars, Energy Secretary Stephen Chu, Fisker Karma plug-in hybrid car, Gov. Jennifer Granholm, Jason Forcier, Johnson Controls, Judge Kevin Carey, lithium ion batteries, Rep. Edward Markey, Robert Johnson, Sen. John Kerry, South Korea, The American Recovery and Reinvestment Act of 2009, Wanxiang Group Corp. | Category: "Stimulus" program, Barack Obama, China, Delaware, Department of Energy, Energy, Federal spending, Massachusetts, Michigan, Taxes | Comments are closed
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 […] June 19th, 2012 | Tags: 'green' technology, A123 Systems, Bank of America, bankruptcy, crony capitalism, David Vieau, Fisker Karma plug-in hybrid car, Kathleen McGinty, lithium ion batteries, Peter O'Rourke, power grids, Prologis, Walter Rakowich | Category: "Stimulus" program, Barack Obama, Department of Energy, Economy, Michigan, SEC, Taxes, technology, unemployment, Video | Comments are closed
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 […] April 18th, 2012 | Tags: bailouts, blame, commodity markets, Fisker Karma plug-in hybrid car, gasoline prices, hedge funds, lay-offs, speculators, T2 Partners, Vice President Joe Biden, Whitney Tilson | Category: Banking and finance, Barack Obama, Delaware, Elections, Energy, Government regulations, Politics, Progressives, TARP, Taxes | Comments are closed
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 […] March 30th, 2012 | Tags: 'smart grid', "green subsidies", A123 Systems, bankruptcy, crony capitalism, David Prystash, David Vieau, electric cars, Fisker Karma plug-in hybrid car, Gov. Jennifer Granholm, Jason Forcier, Nancy Pelosi, Rep. Edward Markey, Robert Johnson, Sen. John Kerry, The American Recovery and Reinvestment Act of 2009 | Category: "Stimulus" program, Barack Obama, corruption, Department of Energy, Energy, federal funding, Lobbying, Massachusetts, Michigan, Taxes | Comments are closed
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 […] March 29th, 2012 | Tags: 'green' technology, "green subsidies", A123 Systems, campaign contributions, crony capitalism, David Vieau, Democratic National Committee, Democratic Senatorial Campaign Committee, electricity prices, Evergreen Solar Inc., Fisker Karma plug-in hybrid car, Nancy Pelosi, Rep. Edward Markey, Sen. John Kerry, Solyndra Inc., Waxman-Markey energy tax | Category: "Stimulus" program, Barack Obama, Elections, Energy, federal funding, Federal spending, Massachusetts, Michigan, Taxes, technology, unemployment | Comments are closed
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