A123

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Apple Accused of Poaching Electric-Battery Engineers

It's another sign the company is trying to build a car

(Newser) - The big rumor in Silicon Valley is that Apple is trying to build an electric car . And while the company isn't confirming, a new lawsuit sure seems to support the idea. Reuters reports that a company named A123 Systems is suing Apple for poaching its engineers. And what does... More »

Battery Maker That Grabbed $132M Stimulus Goes Broke

Is A123 Systems the new Solyndra?

(Newser) - A123, a battery maker that received $132 million in stimulus grants intended to promote electric vehicles, filed for bankruptcy yesterday, the New York Times reports, in a case that some pundits are already comparing to the Solyndra scandal. The bankruptcy is surprising, because the company had announced a deal to... More »

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