Posted in News by Donna, tagged $249 million, A123, A123 Bankruptcy, A123 Systems, A123 Systems Inc, alternative-energy, bankruptcy, Chapter 11 Title 11 United States Code, Electric vehicle, federal grant, grant, green energy grant, lithium-ion batteries, Lithium-ion battery, Livonia, Livonia Michigan, Michigan., Mitt Romney, Obama, rechargeable, rechargeable lithium-ion batteries, Stimulus, stimulus funds, stimulus package on October 16, 2012| 1 Comment »
A123 Systems Inc files for bankruptcy, gives Romney new example of green grant loser due to lack of demand for its electric vehicle batteries.. It was a maker of rechargeable lithium-ion batteries.
A123 Systems received a $249 million grant from the federal government to expand its battery production, about half of which has been spent.
The Solyndra Memorial Tax Break Click Here
Michigan Taxpayers Writing Check to Second Electric Car Battery Maker for $100 Million Click Here
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Sidewalks Chalk
Sidewalks Chalk 