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The Boston Globe


Two Mass. battery firms vie to buy carmaker

Two local battery makers, A123 Systems LLC and Boston-Power Inc., are playing key roles in an increasingly high stakes bidding war for a bankrupt hybrid carmaker scheduled to be auctioned Wednesday.

The auction for Fisker Automotive pits A123’s owner, the US subsidiary of China’s Wanxiang Group, against another firm, Hybrid Tech Holdings LLC, which has partnered with Boston-Power of Westborough as a potential battery supplier to a resurrected Fisker. The outcome of the auction could mean additional growth for the battery maker on the winning team by providing a ready-made customer — though any real payoff from that relationship could be years off, analysts said.

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