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A123 will build battery plant in Michigan regardless of status of federal loans

Earlier this week, Chrysler confirmed it would be using battery packs supplied by A123, an American company that specializes in high-tech lithium ion battery technology, to power future electric vehicles as part of its ENVI program. To make this deal work out, A123 will build an assembly plant somewhere near the Motor City in Michigan. This proposed plant would eventually employ 14,000 people and have the capacity to supply 5 million hybrid vehicles or half a million battery electric vehicles. Of course, a plant such as this doesn't come ... Read more →

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