A123 Systems, trading under the symbol AONEQ on the OTC Markets, is a developer and manufacturer of advanced lithium-ion batteries and energy storage systems. Founded in 2001 by researchers from the Massachusetts Institute of Technology, the company has pioneered its proprietary Nanophosphate® technology, which offers enhanced power density, rapid recharge capability and improved safety characteristics. A123’s product portfolio spans individual cells, modules and fully integrated battery systems designed to meet rigorous performance standards across diverse applications.
The company’s batteries serve a broad range of markets, including automotive, commercial transportation, renewable energy integration and industrial backup power. A123 has supplied propulsion and auxiliary power systems for electric and hybrid vehicles, as well as battery packs for energy storage installations that support grid stabilization and renewable energy smoothing. Its modular approach enables scalable solutions, allowing clients to tailor energy capacity and power output to specific project requirements.
Headquartered in Livonia, Michigan, A123 maintains research and development facilities in Massachusetts and manufacturing operations in North America and Asia. This global footprint supports collaborative engineering efforts and ensures supply chain resilience. Strategic partnerships with automakers, utilities and original equipment manufacturers (OEMs) have bolstered the company’s market reach, while ongoing R&D initiatives focus on next-generation chemistries and battery management systems to further enhance performance and lifecycle economics.
Under the guidance of an experienced executive team, A123 Systems has evolved through phases of rapid growth, restructuring and strategic acquisition. After emerging from bankruptcy protection in 2012 and joining the Wanxiang Group, the company reinforced its commitment to innovation and operational excellence. Today, A123 leverages decades of technical expertise to deliver reliable, high-power energy storage solutions that address the growing global demand for electrification and sustainable energy infrastructure.
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