Topic: Shanghai Automotive Industry Corporation
All Content
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In Gear A123 electric car battery plants to be bought by Johnson Controls
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.
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China's auto industry shifts into high gear
Partnerships with West have given it needed technology; now it's the world's biggest car market, having passed the US this year.
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