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A123 Sys. Faces Possible Bankruptsy

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  • A123 Sys. Faces Possible Bankruptsy

    After two major recalls of its Hybrid batteries costing several $100 Million dollars and a recent Consumer Reports test of a new vehicle with a failed battery and severely reduced orders/demands, A123 Sys. only has $100 Million in cash available to them to continue their limited production with little prospect of survival.

    Donald1800
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