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US: Wanxiang confirms A123 Systems investment

The Massachusetts battery maker A123 Systems announced on 16 August the execution of definitive agreements with Wanxiang Group Corporation, following the non-binding MoU that A123 signed with Wanxiang on 8 August 2012. Wanxiang is China's largest automotive components supplier and one of China's largest non-government-owned companies. Under the terms of the agreements, Subscribe to Automotive World … Continued

The Massachusetts battery maker A123 Systems announced on 16 August the execution of definitive agreements with Wanxiang Group Corporation, following the non-binding MoU that A123 signed with Wanxiang on 8 August 2012. Wanxiang is China's largest automotive components supplier and one of China's largest non-government-owned companies.

Under the terms of the agreements,

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https://www.automotiveworld.com/articles/95482-us-wanxiang-confirms-a123-systems-investment/

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