All eyes on this week’s A123 auction

Chinese company Wanxiang Group’s efforts to acquire bankrupt battery supplier A123 Systems have taken another step forward. China’s Ministry of Commerce has just granted its approval for the proposed acquisition, which was already given the go-ahead by the country’s National Development and Reform Commission in October. An auction for A123 Subscribe to Automotive World to … Continued

Chinese company Wanxiang Group’s efforts to acquire bankrupt battery supplier A123 Systems have taken another step forward. China’s Ministry of Commerce has just granted its approval for the proposed acquisition, which was already given the go-ahead by the country’s National Development and Reform Commission in October. An auction for A123

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