I will do my best to bring you stories about up and coming technology in the world of energy. I will also bring you the utmost information on stories which have an impact on our environment here on planet Earth. Please be sure to like my blog folks, otherwise I have no way of knowing whether you like it or not.
Wednesday, October 17, 2012
Battery maker a123 files for bankruptcy protection
Well I had received an email yesterday which said a123 had filed for bankruptcy protection. a123 has been troubled for the last couple of years concerning their batteries. You see, it all started be a welding machine in their factory did not make the welds that it was supposed to. This led to a123 selling a slew of bad batteries, warranty claims etc. I hate to hear this, but would like to know what chapter of bankruptcy they are seeking, and whether or not it would allow for reorganization or not.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment