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What: Shares of A123 Systems
So what: GM announced an all-electric version of the Chevrolet Spark that will debut in 2013 and be rolled out in a similar fashion to the Chevy Volt. The automaker confirmed that A123 Systems would be providing the battery for the Spark.
Now what: The Spark is a small car and would compete directly with the all-electric Nissan (OTC: NSANY) Leaf and upcoming Ford
Interested in more info on A123 Systems? Add it to your watchlist by clicking here.
Fool contributor Evan Niu owns shares of Ford, but he holds no other position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of Ford. Motley Fool newsletter services have recommended buying shares of Ford and General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.