Despite having enjoyed government and investor support during its IPO, the intense
internal rivalry of the lithium ion battery industry, a refocusing of the company’s primary
business pursuits, and an increasingly uncertain battery powered vehicle industry have
led to some skepticism. As the uncertainty behind AONE, and the battery powered
vehicle industry as a whole, increases, many investors have revised their opinionsxxii,
stating that A123 is "consistently unprofitable in an industry with many major players
that does not currently have significant business potential" and emphasized that
valuations that led AONE’s IPO to skyrocket to more than twice its initial value might be
unfounded since “A123 loses money on every unit that they sell”xxiii.