Chinese Firm Wins Bid for Auto Battery Maker - New York Times
12/09/12
![]()
Chinese Firm Wins Bid for Auto Battery Maker
New York Times
DETROIT — Wanxiang Group, a large Chinese auto parts maker, won a high-stakes auction on Sunday for assets of A123 Systems, the bankrupt American battery maker that was a centerpiece of the Obama administration's loan program for electric vehicles.
[more]
New York Times
DETROIT — Wanxiang Group, a large Chinese auto parts maker, won a high-stakes auction on Sunday for assets of A123 Systems, the bankrupt American battery maker that was a centerpiece of the Obama administration's loan program for electric vehicles.