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A123 Systems changing name to B456

Keywords: Tags  A123 Systems, B456 Systems, Wanxiang America, Wanxiang Group, Jeff Kessen, Nathan Laliberte


NEW YORK — A123 Systems Inc. is changing its name to B456 Systems Inc., according to a filing with the U.S. Securities and Exchange Commission.

Waltham, Mass.-based A123, a developer and manufacturer of lithium-ion batteries, earlier this year sold a majority of its businesses to Wanxiang America Corp., a unit of Chinese parts maker Wanxiang Group ( amm.com, Dec. 10).

The change was made to reduce confusion between businesses now operating successfully under Wanxiang’s ownership and the A123 businesses still involved in bankruptcy proceedings, Jeff Kessen, director of global marketing at A123’s Automotive Solutions Group, wrote in a blog on the company’s website.

"The ongoing businesses in automotive, grid energy storage and lead-acid replacement continue to operate under the A123 brand, and our legal name is A123 Systems LLC," Kessen said, noting that he hoped the announcement would clarify the "distinction between the old ‘Inc.’ and the new ‘LLC.’ "


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