A123 Sale Approved

Chinese firm buys bankrupt DOE-grant recipient, reportedly looking at Fisker
A123 battery pack (AP)

The sale of bankrupt electric-car battery maker A123 to Chinese firm Wanxiang America has been approved by the necessary interagency panel.

Battery Power Politics

House Armed Services Committee raises national security concerns over sale of battery maker to Chinese company
A123 battery pack / AP

The House Armed Services Committee said it is closely monitoring the pending sale of bankrupt battery-maker A123 Systems to a Chinese firm due to national security concerns.

Powering China’s Military

U.S. battery technology to boost Chinese military, satellites
Wanxiang logo, A123 battery / AP

China’s purchase of a United States high-technology battery maker will boost Beijing’s military forces and satellites and threaten the security of U.S. electrical power and communications grids, according former national security officials.


A123 sale to Chinese firm raises security concerns, Republicans and outside critics say
A123 Systems lithium-ion batteries / AP

Republicans and outside business groups are calling on the Treasury Department to reject the sale of bankrupt battery-maker and stimulus recipient A123 Systems, Inc. to a Chinese firm, arguing the move could put American national security at risk.