US defence fears over A123 sale to China

Whilst a Chinese manufacturer looks set to acquire another European brand it looks like Fisker may have to wait even longer for batteries for the Karma as US legislators raise fears over a proposed sale of the US lithium-ion manufacturer to Chinese bidder Wanxiang, quoting fears about A123’s defence business technology falling into the hands of an economic rival and also pointing out that both the defence and commercial lithium-ion technology was funded by the US taxpayer.