📰 A123 Systems News
A123 Systems News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from A123 Systems. Real-time updates on events, politics, business and more.
August 31, 2022
(The Conversation is an independent and nonprofit source of news, analysis and commentary...
February 19, 2022
Vernon E. Jordan, Jr. and Larry Hales are two unsung Black heroes who single-handedly pioneered what is today a thriving electric vehicles industry
February 21, 2021
Amara Raja Batteries, the countrys second-largest automotive battery maker, has opened the countrys maiden technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. The advanced lithium-ion technology research hub, the pilot project located at its headquarters in Tirupati, will become the countrys first lithium-ion cell manufacturing facility in the private sector over the next few years, Amara Raja Batteries CEO S Vijayanand told PTI. The company has a technol...
April 20, 2014
Marketplace, is the federal government going to pick winners and losers in the case of the green program with solyndra and we remember the failed programs and the list went on and on. another round of spending is now back. that troubled green loan program which led to huge amounts of money to solyndra which collapsed and sold off what assets they have is coming back. the government says we never went away, but because of basically human outcry over solyndra, we had a quiet period where they were...
April 3, 2013
Al gore and, you know, just like solyndra seems like these guys who have real great connections to the president, somehow get involved in these things and what i love to see once the dust settles on this one way or the other to see how protected some investors were. you remember in solyndra a deep pocketed billionaire whose risk came before our risk. in other words, you know what? if something goes wrong well pay you off. gregg: that is against the law by the way. i want to put up on the screen ...
February 14, 2013
>> yeah, well and as you say in the context of $16.5 trillion in debt i think that is a pretty significant amount. the interesting thing is, i think this demonstrates, like so many other things in the state of the union that the president is first and foremost an ideological program. he has a philosophical world view, hes progressive, hes to the left and he believes in doing this. hes not the practicing ma advertise that i think a lot of people thought he was when he ran in 2008. and this is som...
December 11, 2012
From a $250 million stimulus grant champion end by president obama. among the lawmakers who oppose the new deal is republican senator charles grassley of iowa, ranking member of the senate judiciary committee. senator, always a pleasure to speak with you. as i understand the deal, the chinese company would not buy a123s government business, including military contracts, so how would the sale to this chinese company be a threat to national security? >> well, under those circumstances, if they are...
October 21, 2012
Booth but what obama is seeding entire garden of cronyism. >> i asked the question, and the answer, we have to decide whether we want to participate in these new technologies, this new industry, and thats a political decision. we ought to invest in these technologies so they dont go overcast. >> theres a role for government and basic research, but another thing entirely to put $535 million into a solyndra or $249 million into an a123 systems. theyre taking risks that private sector investors can...
October 19, 2012
The failure of an electric car battery maker that got nearly $250 million in taxpayer-backed loans. two companies are fighting to buy a123 systems a a rock-bottom price and one of those companies is from china it turns out. stuart varney, anchor of "varney & company" on the fox business network of course. good morning, stewart. what is going on here? >> it is a bidding war. a123 systems makes car batteries for electric cars subsidized by the american taxpayer. it has gone bankrupt. there is bidd...
October 17, 2012
Bring in stuart varney, anchor of "varney & company" on the fox business network. what did you make of that, stuart? >> i dont think the president had a strong answer why gas prices had doubled during his tenure from a 1.84, to 3.75 as of today. if you look across the whole spectrum of energy policy the president was on pretty shaky ground in all areas. no pipeline. doubling price of gas. he could not answer forcefully governor romneys charge there is less drilling for oil and gas on federal lan...