Browsing the "A123 systems bankruptcy" Tag

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A123 Systems Wants To Void Fisker Contract: Fisker Says Not So Fast

The bankruptcy of American battery maker A123 Systems was another blow to President Obama’s green energy loan program. Yet as the consolidation of the battery industry continues, crucial questions are arising about the deals made between battery makers and electric car companies. While A123 wants to void a contract it made with Fisker Automotive, Fisker says that would disrupt the deployment of its plug-in hybrid Karma.

November 6th

ALTe Takes EV Conversions To China For Survival

The cottage industry of electric vehicle conversions was hoping to ride the wave of EV fever into a much larger market. Unfortunately, the high cost of conversions means there are few takers, and several conversion companies have already gone out of business.

Yet Auburn Hills-based ALTe Powertrain Technologies believes there is still a market for EV conversions…it just isn’t in the U.S.

September 12th