Wednesday, April 22nd, 2009
GE ups it’s stake in A123
General Electric just infused A123 with $15 million, this should help A123 with expanding it’s production facilities. A123 is the MIT battery maker that specializes in the production of lithium nano-phosphate batteries for the auto industry. I believe this brings GE to a 30% stake in A123. I also believe that A123 has lost the [...]