A123 Systems

A123 Systems, LLC, a wholly owned subsidiary of Wanxiang Group, is a developer and manufacturer of advanced lithium-ion (lithium iron phosphate) batteries and energy storage systems for transportation and other commercial and industrial applications. The company was founded in 2001 by Dr. Yet-Ming Chiang, Dr. Bart Riley, and Ric Fulop. By 2009, it had about 2,500 employees globally and was headquartered in Waltham, Massachusetts. The company's original product technology was based upon materials initially developed at the Massachusetts Institute of Technology.

A123 Systems

A123 Systems, LLC, a wholly owned subsidiary of Wanxiang Group, is a developer and manufacturer of advanced lithium-ion (lithium iron phosphate) batteries and energy storage systems for transportation and other commercial and industrial applications. The company was founded in 2001 by Dr. Yet-Ming Chiang, Dr. Bart Riley, and Ric Fulop. By 2009, it had about 2,500 employees globally and was headquartered in Waltham, Massachusetts. The company's original product technology was based upon materials initially developed at the Massachusetts Institute of Technology.