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AEI Winddown

Aquion ‘reborn’ under China-linked JV

Mon, 08/14/2017 - 12:07 -- News Editor
Aquion ‘reborn’ under China-linked JV

Sodium-ion batteries manufacturer Aquion Energy is back in operation – under new ownership and with a new name – after emerging from Chapter 11 bankruptcy in the US.

Aquion, now known as AEI Winddown, has been acquired in a bankruptcy auction by “a majority-American joint venture” for what Bloomberg said was $9.16 million.

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