Wed October 17, 2012
Bankruptcy Adds To Criticism Of Obama's Green Policies
Originally published on Wed October 17, 2012 6:31 am
A123 Systems has filed for bankruptcy. The company makes lithium ion batteries for hybrid and electric cars — or it did. The company's automotive assets are being sold, and the bankruptcy filing will likely be controversial. A123 received a $249 million grant from the government in 2009.