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A123 Electric Car Battery Plants Saved From Bankruptcy By Auto-Parts Maker

A123 Electric Car Battery Plants Saved From Bankruptcy By Auto-Parts Maker

Despite filing for bankruptcy protection yesterday, lithium-ion battery firm A123 Systems has said the factories where it makes electric car battery cells will be saved, thanks to a $125 million deal with automotive parts maker Johnson Controls. Already a huge Tier One global automotive parts...

October 17, 2012 by Nikki Gordon-Bloomfield 13

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