In addition to the $125 million acquisition, Johnson Controls will provide A123 Systems with $72.5 million to continue its operations at those two battery facilities, Gordon-Bloomfield writes.
In Tuesday's presidential debate, energy and energy policy came up repeatedly. At several points, Mitt Romney was right on energy facts but wrong on the context.
In their political ads and presidential debates, Mitt Romney and President Obama worsen economic uncertainty by using fear tactics and pandering to special interests. The economy needs the certainty of a political consensus.
Governors across the country are creating incentives for automakers to produce more vehicles that run on natural gas, according to OilPrice.com. Will natural gas cars be the next big thing in the automotive industry?
The Toyota Prius Plug-in doesn't have quite the sales numbers as the headline-grabbing Chevy Volt. But Toyota's entry into the electric hybrid market with the Prius Plug-in has been a quiet initial success for the automaker.
Richard Read has good news and bad news. The good news? Car sales numbers are soaring. The bad news? That means you won't be finding good deals on cars anytime soon.
Romney pans Obama's subsidies for 'green' energy, citing Solyndra and other high-profile failures. Obama has far more green energy winners than losers so far, but his strategy is risky.
Fisker wants to share technology and sell shares, the latest sign that the economics of plug-in cars are making it difficult for automakers to turn a profit.