Now that could work a Li-on battery company buying a phev co. it could work lets hope so and price of the batts get reasonable.
Interesting move... Isn't a123 system the one working with GM on the Volt? I hope this is good news. At least hymotion should get access to cheaper batteries... and a123 some interesting technology
Maybe they were too close in offering plug-in conversions to the market so were taken out and redirected toward GM's stuff.