A123 Systems, Inc. (NASDAQ: AONE) is surging this morning. The electric car battery and appliance battery maker is up 12% at $22.49 at 8:46 AM EST on almost 450,000 shares. It is hard to use ranges and averages since it is a recent IPO but average volume is 2.6 million shares and the post-IPO range is $14.31 to $28.20. A124 has announced a battery supply agreement with Fisker Automotive, which is a new American automaker building premium green vehicles. The company will also collaborate on Project Ninja, which is expected to commence in 2012.
JON C. OGG
