A123 Systems is still making lots of batteries.
There were a number of business decisions that were not optimal in the
early years. They declared bankruptcy and were bought by a large Chinese
auto parts conglomerate. They altered their focus away from EV batteries
and towards other markets that made more sense for LiFePO4 technology.
Bill D.
On 7/9/2020 2:17 PM, Willie via EV wrote:
On 7/8/20 9:09 PM, Bill Dube via EV wrote:
A123 Systems has made high quality LiFePO4 for many years.
Does A123 survive? My recollection is that their major car customer
(can't come up with the name) lost a bunch of cars to flooding, then
went under taking A123 with them?
Set me straight, Bill. Is the reason they have not been more
successful that their cost is too high? Valence has had some good
products but they seem not cost effective.
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