Company type | Private |
---|---|
Nasdaq: AONE | |
Founded | 2001 |
Founder | Yet-Ming Chiang, Bart Riley and Ric Fulop |
Headquarters | , China |
Products | Electric vehicle batteries, batteries for various commercial products |
Number of employees | 2000+ |
Parent | Wanxiang Group |
Website | www |
A123 Systems, LLC, a subsidiary of the Chinese Wanxiang Group Holdings, is a developer and manufacturer of lithium iron phosphate batteries and energy storage systems.
The company was founded in 2001 by Yet-Ming Chiang, Bart Riley, and Ric Fulop. By 2009, it had about 2,500 employees globally and was headquartered in Waltham, Massachusetts.[2] Its original product technology was based upon materials initially developed at the Massachusetts Institute of Technology.