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Wednesday, 08 August 2012 16:01

A123 Systems Finds a Financial Lifeline in China

Written by  MIT Technology Review
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The financially strapped lithium ion battery maker signs an understanding to get an investment of up to $450 million from a Chinese auto components maker.

Battery maker A123 Systems announced today it has reached a deal which could lead to up to a $450 million investment from Chinese auto parts

Read more http://feeds.technologyreview.com/click.phdo?i=951861319b2838853f7a2fa171ea8734

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