US: A123Systems reports record Q2 2011 revenues

A123 Systems has reported record second quarter 2011 revenue of US$36.4m, up 101% from the first quarter and up 61% from Q2 2010. Second-quarter shipments of batteries totalled 42.6MWh, almost tripling the Q1 level, and A123 Systems says its gross margins are improving with scale, as its Livonia and Romulus plants Subscribe to Automotive World … Continued

• By Webmaster
• August 16, 2011