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PHOTO CAPTION: Illustration of A123 Systems energy storage bank.

Despite Bankruptcy, A123 Story Lives On

While the electric car battery side of the business proved to slow developing to save A123, the grid storage business appears to be where the most immediate opportunity lies.

Published: 27-Oct-2012

Bankrupt Massachusetts cleantech upstart A123 Systems still holds plenty of value for the big companies wrangling to cash in on electric cars and a more efficient energy grid.

American automotive systems giant Johnson Controls (NYSE: JCI) and Chinese manufacturer Wanxiang Group both want to get their hands on A123's car-battery manufacturing facilities, some of the few places where batteries that power electric cars and hybrids are made.

Jay Fitzgerald writes today in the Boston Business Journal (premium content):

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