Why did A123 Systems go to bankruptcy? The naysayers are WRONG
![](https://longtailpipe.com/wp-content/uploads/2012/03/A123CellFamily-web1.jpg)
Today A123 Systems announced a Chapter 11 bankruptcy and sale of the company’s automotive business assets to Johnson Control. This is the beginning of the end for the company that was formerly the darling of the green technology hype machine. The company has developed some amazing battery technology, but ran…