Limited Time Special Reports


1. What are the two key mistakes beginners make in reading trends? 
2. Which "key" chart pattern reveals a top or bottom is near?
3. What are the most reliable chart patterns? 
Answer these questions and more with your FREE 10 day trading course

Johnson Controls-Saft (JCI) Lithium-ion Batteries To Be Used In BMW Hybrid

Posted by Alison Kroulek | # |
10:17:55 am on October 14, 2008

Johnson Controls-Saft, a joint venture between Johnson Controls, which makes car batteries, and Saft, which makes high-technology lithium-ion batteries,  has just announced that its lithium-ion batteries will be used in the new BMW 7 Series ActiveHybrid car. The batteries will be produced at the company’s new facility in Nersac, France. The facility was designed to be easily expandable as demand for the product increases.

Mary Ann Wright, who leads the joint venture, stated that "Johnson Controls-Saft is delighted to announce this contract with BMW for our lithium-ion technology. This contract consolidates our leading position in lithium-ion batteries for hybrid and electric vehicles,"

More on this topic (What's this?)
Stock Analysis: Johnson Controls (JCI)
BMW doubles sales in China
Johnson Controls: Ahead Of The Game
The Ultimate Pension Plan?
Read more on BMW, Johnson Controls at Wikinvest
Tags: , ,
 

If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments  

No comments yet.

Leave a comment

(required)

(required)