It was founded in 2001 by a Chinese guy to manufacture batteries for various non-automotive industries. One thing leads to another eh? Hello Lithium!<quoted text>
What kind of name is A123? Were they hoping for a better listing in the phone book? lol
Sokay, Johnson Controls is purchasing the company and will likely deal some of it off to a Chinese firm or two.
You should always read beyond the headline__otherwise you'll look stupid. But you already knew that, right?