A123 Systems fka AONEQ

[Seminole Red]

There are no protections, assurances or carve-outs that Wanxiang could offer as part of its offer that would ensure this technology would not benefit Chinese industries and military—to the detriment of those in the United States,” wrote Representative Marsha Blackburn (R-Tenn.) in a Dec. 7 blog post. “The administration must review and then reject any deal involving Wanxiang. A123 Systems was born out of American innovation, and we must ensure that it stays here—for our national and economic security,” wrote Blackburn, the vice chairman of the House Energy and Commerce Committee.

http://www.businessweek.com/articles/2012-12-10/china-nabs-airplanes-and-batteries-in-latest-u-dot-s-dot-shopping


interesting....