Tag Archives: hybrd

A123 Systems (AONE) Pushes Into Hot China Market With SAIC Motor Joint Venture

A123 Systems (AONE) is popping this morning on news it will expand its presence in the China market in a joint venture with SAIC Motor, a leading auto manufacturer in China.  The two companies will co-develop complete lithium battery systems for hybrid and electric cars.  The joint venture, called Shanghai Advanced Traction Battery Systems, will use the batteries in all SAIC manufactured cars and trucks and look to sell the battery to other manufacturers … Read the rest