Power/Alternative Energy 
Johnson Controls, Saft end Li-ion EV joint venture
Keywords:Li-ion vehicle batteries hybrid electric vehicles
[Summary of tips] Johnson Controls Inc. has acquired Saft's share in the energy venture company Johnson Controls–Saft which the two companies created in 2006 for the development of Li-ion vehicle batteries.Under the terms of the agreement, Johnson Controls will acquire Saft's share of the company for $145 million. The agreement includes an......Please login or register with us to view this article>>
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