A news service for the people of Michigan from the Mackinac Center for Public Policy

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A123 Files for Bankruptcy

Yet another failure of central planning

Electric car battery-maker A123 Systems has filed … just a few months ago A123 awarded sweetened … increases top executives at A123 Systems have received. In … more

Job Numbers Vary Widely for Taxpayer Funded Electric Car Battery Maker A123 Systems

MEDC reported hundreds of jobs just prior to company's bankruptcy

… car battery maker A123 Systems was offered … just 16 days before A123 Systems filed for bankruptcy. … ending Sept. 30, 2012, A123 Systems reported having … the jobs number for A123 Systems was taken directly … more

MEDC Removes Video of Obama, Top Dems Praising Failed Battery Company

YouTube promotion showed Obama, Granholm, Levin and Stabenow promising thousands of jobs

… battery manufacturer A123 Systems. At the … Stabenow. Since then, A123 has shed money , … the initial roll-out, A123 is being acquired … initiatives. Michigan gave A123 Systems $100 million … more

A123 Logs Its Own List of Failures

Like Solyndra, hundreds of millions in government subsidies didn't stop company from going bankrupt

… Barack Obama highlighted A123 Systems during a White … way he envisioned. A123 Systems has become … green-energy failures. However, A123 Systems, which has … administration trumpeted A123s Michigan battery plant … more

Government-Backed Green Energy Company Sweetens Package For Top Executives Despite Mounting Problems

In SEC filings, A123 Systems raises 'substantial doubt on the Company's ability to continue'

… lose their jobs. A123 Systems, which opened … Korea in February. A123 Systems, which received … Development Corp. said A123 Systems hasn't received … from them yet. But A123 Systems stated it expects … more

Video Shows President Obama, Top Politicians Praising Failed Green Company

Obama, Granholm, Levin, Stabenow and Energy Secretary Chu all praised troubled battery manufacturer

… subsidized and now-troubled A123 Systems battery manufacturer. The … battery manufacturer A123 Systems. A123 Systems, which opened … was filed against A123 Systems this week on … more

Electric Vehicle Battery Subsidy Failures Evident Early On

Former Gov. Granholm defends her policies in Detroit Free Press article

… to four companies A123 Systems, Dow Kokam, … chronicaling the collapse of A123 Systems. In a September … industry experts called A123 Systems " a risky venture ." Additionally, … Confidential showed how A123 Systems increased the … more

MEDC Boss Says Agency Changing; Has Long History of Backing Bad Companies

A look back at five MEDC-backed failures

… technologies. A123 SYSTEMS The lithium-ion … crowd. The failure of A123 Systems is now well … of November 2012, A123 Systems had spent $115 … Business A123 Files For Bankruptcy Speedshape: … more

Terrible Track Record

Government's 'green' venture capitalism experiment a failure.

… failures like Solyndra, A123 , LG Chem , Energ1 … more

A new public service announcement called “Educational Choice Now” features NFL Hall of Famer Deion Sanders, the WNBA’s Lisa Leslie, the NBA’s Jalen Rose, ESPN’s Stephen A. Smith, Lou Gossett, Jr., Vivica Fox, Keshia Knight Pulliam, Laila Ali, Mary Millben, Kathie Lee Gifford, and Christian artists “Mary, Mary.”


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