DaimlerChrysler to Premiere F600 HYGENIUS Fuel Cell Hybrid Vehicle
2005 US Salary Increases Go Into the Tank

Johnson Controls Partners with Saft on Hybrid Batteries

Johnson Controls, which last month launched a new development lab to support its accelerated lithium-ion work (earlier post), has signed a memorandum of understanding with Saft to form a joint venture to develop, manufacture and sell NiMH and lithium-ion batteries for hybrid electric vehicles (HEVs) and electric vehicles globally.

The companies expect the joint venture agreement to be finalized in early 2006 and will commence joint sales and marketing activities immediately.

The new joint venture will provide global automakers with expanded sourcing options and production capacity for nickel metal hydride battery systems. Each company is also contributing complementary capabilities to the development and commercialization of next generation lithium ion battery systems.

The two companies will combine their development teams within existing locations and will invest in manufacturing facilities in line with demand.

The announcement came as Johnson presented its annual strategic review and outlook for 2006 in New York.

During that session, the company also announced it had received an order from a major European manufacturer for the development of hybrid batteries for their luxury vehicle line, which is expected to go on sale in 2009 in North America.

(A hat tip to David Thomas!)

Resources:

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)