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A123 Systems, Inc (NASDAQ:AONE) There Is Hope in the Air

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Las Vegas, NV -- (SBWIRE) -- 10/31/2012 -- A123 Systems, Inc (NASDAQ:AONE) has been highly volatile since hitting the OTCBB hitting an all time low of $0.05 the week before last the stock exploded to highs near $0.20 after it appeared that both Johnson Controls Chinese Automaker Wanxiang Group had a lot of interest in A123's valuable assets.

Over the past weekend several online sources have quoted Wanxiang Group’s attorney saying that they plan to increase their bid for A123’s assets at the upcoming auction.

A123 Systems is a maker of lithium iron phosphate batteries for electric vehicles that recieved a $249 million grant from the Department of Energy and $125 million in incentives from the state of Michigan.

To find out what OTCMAGIC projects for A123 Systems, Inc both short term and long term please go here: AONE

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