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Organization of Lithium Exporting Countries? (from Corporate Dealmaker)

We have extensively covered dealmaking in the market for lithium-ion batteries used in hybrid and electric cars, including the latest news coming from battery maker Johnson Controls Inc. and Ford Motor Co. But here's something we didn't know: Bolivia is pretty much the Saudi Arabia of  lithium, holding about 50%...

Posted on February 3, 2009 1:28 PM

Johnson Controls JV wins Ford battery deal (from Corporate Dealmaker)

Milwaukee's Johnson Controls Inc. continues to make progress in its move into lithium-ion batteries. Johnson's joint venture with Paris-based Saft SA said it will supply the complete battery system for Ford Motor Co.'s first series production plug-in hybrid electric vehicle, which will be introduced in 2012. The five-year supply agreement...

Posted on February 3, 2009 10:22 AM

GE betting on battery maker A123Systems (from Corporate Dealmaker)

Billions of dollars are headed into the hybrid/electric car business and into the devices that will run them. General Electric Co. invested $30 million in A123Systems Inc., bringing its total investment to $55 million, or 9%, in the Watertown, Mass., lithium ion batter maker. A123 claims that unlike standard...

Posted on October 22, 2008 4:33 PM

Bosch-Samsung battery JV gets a boost (from Corporate Dealmaker)

Following an industry trend in the auto sector, in June, South Korea's Samsung SDI Co. Ltd. set up a $520 million joint venture with Germany's Robert Bosch GmbH to develop, manufacture and sell lithium-ion batteries for vehicles. On Monday, the 50-50 JV, SB LiMotive Co. Ltd., received approval from...

Posted on August 19, 2008 4:21 PM