A123 Systems Archives | The American Ceramic Society

A123 Systems

Update—A123 looking for lifelines as Fisker Automotive falters

By / January 31, 2013

The future of Fisker Automotive’s luxury hybrid vehicle is unclear after DOE suspended its loan guarantee. That affects the fortunes of its vendors, including A123, supplier of the battery packs. Credit: Fisker Automotive. The short version of the story is that A123 is in something of a scramble mode thanks to the problems with Fisker…

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Update

By / January 31, 2013

The future of Fisker Automotive’s luxury hybrid vehicle is unclear after DOE suspended its loan guarantee. That affects the fortunes of its vendors, including A123, supplier of the battery packs. Credit: Fisker Automotive. The short version of the story is that A123 is in something of a scramble mode thanks to the problems with Fisker…

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Johnson Controls likely out, Wanxiang in as A123 System owner

By / December 11, 2012

Chinese bidders apparently see more value in A123 Systems than the leading United States suitor, and, according to an article in the New York Times and in reports in other business news outlets, will probably walk away with most of the lithium battery maker. The paper reports that Wanxiang Group‘s offer of $256 million for…

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About the A123 demise and bankruptcy: Tech failure or business failure?

By / October 25, 2012

The rise and fall of A123 Systems has been something of great interest to me and to ACerS, in no small part because of the important role one of our members, Yet-Ming Chiang, has had in the enterprise. Also, I, and many others I know, followed the A123 developments (see, for example, my 2009 interview…

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Facing diminishing capital, losses and 53% revenue drop, A123 takes lifeline from Chinese auto parts maker

By / August 9, 2012

Most all of us in the ceramics field, to greater and lesser extents, have been rooting for A123 Systems to succeed, so its been painful to see the company in recent months entering what appears to be a death spiral. Yesterday, with the release of A123’s Q2 financial reports and the official announcement of a…

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A123 looking for lifelines as Fisker Automotive falters [Updated]

By Eileen De Guire / February 16, 2012

The future of Fisker Automotive’s luxury hybrid vehicle is unclear after DOE suspended its loan guarantee. That affects the fortunes of its vendors, including A123, supplier of the battery packs. Credit: Fisker Automotive. The short version of the story is that A123 is in something of a scramble mode thanks to the problems with Fisker…

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Photoblog from the Electronic Materials & Applications meeting in Orlando

By Eileen De Guire / January 19, 2012

Beautiful weather in Orlando, Fla. beckoned these attendees at the Electronic Materials and Applications meeting. The 2012 Electronic Materials and Applications meeting opened yesterday in Orlando, Fla. This is the third consecutive year for the event organized by ACerS’ Electronics Division and Basic Science Division, and this year’s gathering attracted just under 200 participants. The…

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Ceramics and glass business news of the week

By / August 1, 2011

Here is what we are hearing: Unifrax announces three more acquisitions Unifrax, the Niagara Falls, NY based manufacturer of ceramic fiber insulation products, announced today that it had acquired three leading North American vacuum forming businesses: Refractory Specialties Incorporated, Specialty Ceramics Incorporated and VacuForm Incorporated. The three businesses specialize in the development, manufacture and sale…

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Some U.S. battery companies responding to microhybrid demand

By / April 20, 2011

Peugeot 308 e-HDi microhybrid, just put on the European market. Credit: Peugeot. Continuing on the theme of PHEVs versus microhybrid vehicles, it’s interesting to look at what two companies based in the United States are doing right now in regard to getting into the market for microhybrid vehicles. The first example is Axion Power International. I…

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AES, A123 secure DOE loan guarantee

By / December 30, 2010

The DOE announced the finalization of a $17.1 million loan guarantee for AES Westover’s energy storage facility in N.Y. A123 Systems will supply advanced Li-ion battery cells for a 20 MW energy storage system. “The AES project helps reduce carbon emissions and strengthens our energy infrastructure by allowing for more renewable energy sources like solar…

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