Remembering A123: What America Learned From the Demise of its EV Battery Pioneer

09 Jun 2023 | Abstracted from Energy Now

"After opening a factory before sales materialized, A123 went bankrupt. Chinese parts maker Wanxiang Group scooped up its remains in 2013...[Republicans]...decried A123 as a symbol of government waste and excess spending by Democrats...

"Its fate is a lesson for U.S. investors and policy makers as America tries to reverse decades of outsourcing by building a domestic EV supply chain and wean itself off dependence on China."

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