A123 Systems, Inc. · Watertown, MA United States ·(NASDAQ (GM): AONE)
Company Description
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This link will open in a new window A123 Systems wants to give the Energizer Bunny a run for his money. And it plans to use rechargeable lithium-ion batteries to do it. The vertically integrated company designs, makes, and sells rechargeable batteries and battery systems used primarily in the electricity and portable power markets. Portable power, for home appliances, power tools, and consumer electronics, makes up a majority of sales, but A123 is targeting the fast-growing electric and hybrid electric vehicle market. It also participates with AES to develop multi-megawatt battery systems that would take the fluctuations out of the electricity grid and provide backup power during shortages. To read the full description, subscribe now.
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Key A123 Systems, Inc. Financials
| Company Type | Public - NASDAQ (GM): AONE Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $68.5 |
| 2008 Employees | 1,672 |
A123 Systems, Inc. Executives
16 executives listed for A123 Systems, Inc.'s Watertown, MA location.
| Title | Name & Bio | Contact |
| Chairman | Gururaj Deshpande | Network |
| President, CEO, and Director | David Vieau | Network |
| VP, Operations | Louis Golato | Network |
Competition
Competitive Landscape for A123 Systems, Inc.
Demand depends primarily on the level of activity in the automotive and electronic sectors of the economy. Personal income drives new battery purchases in consumer goods, and consumer usage levels drive demand for replacement batteries. Large companies have economies of scale in purchasing. Smaller producers compete by focusing on specialized products and customer service. To read the full description, subscribe now.Top A123 Systems, Inc. Competitors
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