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Old 10-17-2012, 07:13 AM
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Andrew*Debbie Andrew*Debbie is offline
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A123 Files for Bankruptcy

Edit: Nevermind. I just read that SB LiMotive (Samsung/Bosch) is building the battery packs for the i3.

A123 Systems has (had?) a contract with BMW for lithium-ion batteries. Not sure where they are using them.

News reports say that A123 will be selling their battery plants to Johnson Controls.

"It cost more to make them than they could sell them to their customers for," says Andrea James, an industry analyst with Dougherty & Co. "Every single battery pack was sold at a gross loss. The more they sold the more they lost."
The models and equipment (standard and optional) illustrated in this post reflect my misunderstanding of vehicles supplied by BMW AG to the German market. In other EU member states, the truthyness of my posts may vary. Please ignore this post. Subject to change.

Last edited by Andrew*Debbie; 10-17-2012 at 07:22 AM. Reason: Fixed Tesla
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