Monday, December 10, 2012

A123 Systems Headed for Chinese Ownership (Again)

A123 Systems Headed for Chinese Ownership (Again)

China-based Wanxiang wins the auction to purchase A123 Systems battery assets, kicking off a reexamination of policies to deploy advanced technologies.
A Chinese-owned company won a bidding war for the assets of battery maker A123 Systems, an event that raises thorny questions over U.S. government funding for technology companies.http://www.technologyreview.com/view/508551/a123-systems-headed-for-chinese-ownership-again/

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