RIP A123

The battery technology firm A123 burned cash faster than it was coming in the door in a market for PHEV that is not as hot as many would like.  But unlike other green energy companies to flame out the A123 bankruptcy saw one an industry giant, Johnson Controls, ride in to make a bid for its assets. Not even the $7500 Federal tax credit has been enough to get car buyers to buy a Chevy Volt. Toyota Prius is turning from the name of one car into a franchise of several model types in an effort by …Continue Reading »