We previously reported that Johnson-Controls Saft would be collaborating with Ford for a demonstration fleet of Ford Escape Hybrids. However, they’ve also signed a 5-year agreement with Ford to produce lithium-ion batteries for Ford’s first first series production plug-in hybrid electric vehicle. Ford expects to have these vehicles in production by 2012.  Under the terms of the agreement, Johnson Controls-Saft will initially deliver 5,000 units of these batteries in the first year, with targets expected … Read the rest