Wanxiang Group Wins A123 Amid US Tech Transfer Concerns

CNBC reported that China’s largest auto parts manufacturer, Wanxiang Group, obtained approval by the US government to purchase A123 Systems, a bankrupt lithium-ion battery maker.

As quoted in the market news:

Some members of Congress and retired military leaders said the sale to Wanxiang would transfer sensitive technology to China and they asked the U.S. committee to block it.

Click here to read the full CNBC report.

Get the Latest Lithium Investing Stock Information

Get the latest information about companies associated with Lithium Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Get Our Expert Guide to Lithium Investing - FREE!

Click here to download your FREE INN Report on the lithium market, "Lithium Forecast & Lithium Stocks To Buy".    
Gain Access

Leave a Reply