A123 wanted dead or alive

With the Wall Street Journal, among others, warning A123 Systems’ recent and widely reported filing for bankruptcy protection will be a stick to beat Obama’s energy policy investments, others have used the controversy as an opportunity to boost the US battery industry.

Energy.aol remarks on the popularity that A123 enjoys as a potential purchase amongst a range of corporate suitors, and the robust current and projected market for lithium-ion batteries. Indeed, the USD$125m acquisition of A123’s automotive operations by Johnson Controls has re-invigorated the former’s share price, with Chinese company Wanxiang Group interested in becoming A123’s eventual buyer, reports The Markets Are Open.

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