Sale of bankrupt battery maker to Chinese feared

U.S. battery maker A123 Systems had won a federal grant, but now finds itself bankrupt and the target of a buyout by a Chinese competitor.

**FILE** President Bush (center) listens to Dave Vieau (right), president and CEO of A123 Systems, as he is shown a Toyota Prius plug-in hybrid car utilizing a lithium power battery during a demonstration of alternative fuel automobiles on the South Lawn of the White House in Washington on Feb. 23, 2007. At left is Energy Secretary Sam Bodman. (Associated Press)

**FILE** President Bush (center) listens to Dave Vieau (right), president and CEO of A123 Systems, as he is shown a Toyota Prius plug-in hybrid car utilizing a lithium power battery during a demonstration of alternative fuel automobiles on the South Lawn of the White House in Washington on Feb. 23, 2007. At left is Energy Secretary Sam Bodman. (Associated Press)

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