A123 Systems acquires battery technology from Leyden Energy  [ China ]

On June 16, 2014, A123 Systems, a wholly owned subsidiary of Wanxiang Qianchao Co., Ltd., completed the transactions to acquire battery-related technology from Leyden Energy. Leyden's intellectual property in battery materials covering lithium titanate and non-flammable electrolyte technologies is expected to complement A123's expertise in lithium iron phosphate (LFP), a nano-scale material. As...