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Basic Search  |  Geographic Searches  |  Advanced Search | Megadeals

Subsidy Tracker Parent Company Summary

Parent Company Name: Wanxiang
Ownership Structure: privately held
Headquartered in: China
Major Industry: automotive parts
Specific Industry: automotive parts
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$173,827,0008
Federal (grants and allocated tax credits)$255,052,07714
TOTAL$428,879,07722
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$529,000,0001
TOTAL$529,000,0001
Time Period for State and Local Awards: Earliest year of data: 2009. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2010.
Time Period for Federal Awards: FY2000 to the present
Notes: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page here.

Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Michigan$152,300,0004
Delaware$21,500,0002
Illinois$27,0002

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.

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CompanyLocationSubsidy SourceYearSubsidy Value sort iconLoan/Bailout ValueType of Subsidy
A123 SYSTEMS, INC.United Statesfederal2010$249,090,000federal grant
A123 Systems (now owned by Wanxiang)Michiganmultiple2009$152,300,000MEGADEAL
A123 Systems, Inc.Michiganstate2010$100,000,000tax credit/rebate
A123 Systems, Inc.Michiganstate2010$25,286,395tax credit/rebate
Fisker AutomotiveDelawarestate2010$12,500,000grant/loan hybrid program
A123 Systems, Inc.Michiganstate2010$10,000,000grant
Fisker AutomotiveDelawarestate2010$9,000,000grant/loan hybrid program
A123 SYSTEMS INC.United Statesfederal2010$1,000,000federal grant
A123 SYSTEMS, INC.United Statesfederal2011$978,320federal grant
A123 SYSTEMS, INC.United Statesfederal2012$824,035federal grant
A123 SYSTEMS, INC.United Statesfederal2009$702,075federal grant
A123 SYSTEMS, INC.United Statesfederal2012$696,834federal grant
A123 SYSTEMS, INC.United Statesfederal2010$387,300federal grant
A123 SYSTEMSUnited Statesfederal2003$330,000federal grant
A123 SYSTEMSUnited Statesfederal2004$294,300federal grant
A123 SYSTEMS, INC.United Statesfederal2013$274,263federal grant
A123 SYSTEMS, INC.United Statesfederal2014$219,292federal grant
A123 SYSTEMSUnited Statesfederal2003$124,860federal grant
A123 SYSTEMSUnited Statesfederal2002$100,000federal grant
Wanxiang New Energy, LLCUnited Statesfederal2011$30,798federal grant
Wanxiang America CorpIllinoisstate2013$13,500grant
Wanxiang America CorpIllinoisstate2014$13,500grant
Fisker Automotive, Inc.United Statesfederal2010$529,000,000federal loan or loan guarantee
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