A123 Systems

A123 Systems, LLC.
Company typePrivate
Nasdaq: AONE
Founded2001 (2001)
FounderYet-Ming Chiang, Bart Riley and Ric Fulop
Headquarters
Hangzhou, Zhejiang
,
China
ProductsElectric vehicle batteries, batteries for various commercial products
Number of employees
2000+
ParentWanxiang Group
Websitewww.a123systems.com

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. Its original product technology was based upon materials initially developed at the Massachusetts Institute of Technology.

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