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Showing posts with label
Wanxiang Group
.
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Showing posts with label
Wanxiang Group
.
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December 11, 2012
Chinese Firm Wins Bid for Auto Battery Maker
DETROIT —
Wanxiang Group
, a large Chinese auto parts maker, won a high-stakes auction on Sunday for assets of A123 Systems, the bankrupt American battery maker that was a centerpiece of the Obama administration’s loan program for electric vehicles.
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