Johnson Controls buys A123 Systems assets
Troubled A123 Systems has announced that Johnson Controls plans to acquire its automotive business assets, including an equity interest in Shanghai Advanced Traction Battery Systems Co. The asset...
View ArticleA123 wanted dead or alive
With the Wall Street Journal, among others, warning A123 Systems’ recent and widely reported filing for bankruptcy protection will be a stick to beat Obama’s energy policy investments, others have...
View ArticlePlan 5-5-5: a market sceptic speaks
Of course, not everyone is convinced that the the US Department of Energy’s 5-5-5 goal of a five-fold increase in battery power at one fifth the current price within five years will be a resounding...
View ArticleWanxiang scoops up A123
Chinese auto giant Wanxiang has beaten US Johnson Controls, Japan’s NEC and German concern Siemens AG to scoop practically all of A123 Systems’ assets in what has become a controversial and politically...
View ArticleJohnson Controls to produce 48V lithium battery
Johnson Controls has used the North American International Auto Show in Detroit to showcase its latest power unit. The 48-volt Micro Hybrid battery demonstration module leverages a dual voltage...
View ArticleJohnson Controls batteries for Chevy
Johnson Controls, which claims to be the world’s leading supplier of automotive batteries, is providing its advanced Absorbent Glass Mat (AGM) battery technology to power Chevrolet’s 2014 Malibu,...
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