Apple looking to settle with electric car battery company

Apple is in talks to settle the lawsuit recently brought against the company by electric car battery manufacturer A123 Systems, Reuters reports. The breach of contract lawsuit against Apple and five former A123 employees claims that Apple began poaching engineers from the company last June. A123 specializes in creating large lithium-ion batteries for use in cars and other machines — it’s believed that Apple is working on its own electric car. In a court filing Tuesday, Apple requested an extension in responding to the lawsuit to explore a “potential resolution.”