ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.
A123 Systems, a maker of nanophosphate lithium-ion batteries owned by the Chinese auto parts company Wanxiang, has sold its lithium iron phosphate (LFP) cathode materials plant in China to Johnson Matthey. A separate agreement calls for Johnson Matthey to make LFP exclusively for A123. Johnson Matthey says the deal strengthens its position in the battery technology sector. Wanxiang bought A123 for $257 million in 2012 after the battery maker filed for bankruptcy reorganization. Earlier this year, NEC bought A123’s grid energy storage business for $100 million.
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on X