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The Boston Globe

Business

Electric cars might not carry the day for A123

Is the battery maker A123 Systems’ electric-car play starting to stall?

The Waltham company recently cut its revenue forecast for 2011 by about 20 percent and laid off a few hundred employees at its Michigan factory after one of its biggest customers, electric-car maker Fisker Automotive, unexpectedly reduced the number of batteries it had ordered from the company.

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