Is A123 a good company?



  1. 0 Votes

    It appears so, thus far. A123 Systems’ patented Nanophosphate technology makes Li-ion batteries cheaper, faster, and safer for high-energy-density commercial applications, including hybrid cars. Today, A123 is developing Li-ion technology for BMW, Chrysler, SAIC, GM, Delphi, and Better Place. The firm is also the supplier for Daimler’s DAI Orion Hybrid buses and for Think’s City car. At this point, none of the major Li-ion battery manufacturers are ready with a deployable technology for auto applications, and A123 seems to have taken a lead. If the market is any indication, furthermore, they’re great; their shares leapt 50 percent on their first day of trading.

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