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.

Associated Names: 

A123 SYS; FISKER AUTOMOTIVE; WANXIANG

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:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
A123 SYSTEMS, INC. United States federal 2010 $249,090,000 federal grant
A123 Systems (now owned by Wanxiang) Michigan multiple 2009 $152,300,000 MEGADEAL
A123 Systems, Inc. Michigan state 2010 $100,000,000 tax credit/rebate
A123 Systems, Inc. Michigan state 2010 $25,286,395 tax credit/rebate
Fisker Automotive Delaware state 2010 $12,500,000 grant/loan hybrid program
A123 Systems, Inc. Michigan state 2010 $10,000,000 grant
Fisker Automotive Delaware state 2010 $9,000,000 grant/loan hybrid program
A123 SYSTEMS INC. United States federal 2010 $1,000,000 federal grant
A123 SYSTEMS, INC. United States federal 2011 $978,320 federal grant
A123 SYSTEMS, INC. United States federal 2012 $824,035 federal grant
A123 SYSTEMS, INC. United States federal 2009 $702,075 federal grant
A123 SYSTEMS, INC. United States federal 2012 $696,834 federal grant
A123 SYSTEMS, INC. United States federal 2010 $387,300 federal grant
A123 SYSTEMS United States federal 2003 $330,000 federal grant
A123 SYSTEMS United States federal 2004 $294,300 federal grant
A123 SYSTEMS, INC. United States federal 2013 $274,263 federal grant
A123 SYSTEMS, INC. United States federal 2014 $219,292 federal grant
A123 SYSTEMS United States federal 2003 $124,860 federal grant
A123 SYSTEMS United States federal 2002 $100,000 federal grant
Wanxiang New Energy, LLC United States federal 2011 $30,798 federal grant
Wanxiang America Corp Illinois state 2013 $13,500 grant
Wanxiang America Corp Illinois state 2014 $13,500 grant
Fisker Automotive, Inc. United States federal 2010 $529,000,000 federal loan or loan guarantee
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