A123Systems (AONE)
Rationale
1. As the population seeks less dependence on oil, electrics vehicles will start becoming mainstream
2. A123Systems provides lithium-ion battery solutions for electric cars, including GM's Chevy Volt which will be released in November 2010 as a 2011 model. They also supply batteries for the Saturn Vue plug-in hybrid and the Think City electric
3. In the future, we believe there is some potential for electric vehicles and A123Systems can meet the needs for electric car manufacturers
Sources
1. Wall Street Journal
2. Seeking Alpha
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