Tag Archives: Navitas Systems

U.S. Stimulating Chinese Economy Again as Wanxiang Group Wins Bid for A123′s Assets

Wanxiang Group was announced as the winning bidder for A123 Systems’ assets.¬† A123 had previously been awarded a federal stimulus grant of about $250 million, had applied for federal loans of about¬†$233 million and had received other incentives from the … Continue reading

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