News: A123Systems receives $69 million from GE, others

A123Systems receives $69 million from GE, others by Dawn Kawamoto – CNET News April 13, 2009 12:21 PM PDT

Lithium ion battery company A123Systems has received a $69 million investment round from General Electric and others, the company announced Monday.

With its latest funding, A123Systems plans to expand its facilities in Massachusetts and Michigan, [...]