3 result(s) displayed (1 - 3 of 3):

Obama bets billions to fuel electric car race (from Corporate Dealmaker)

For a while now we've covered news of automakers driving ahead with plans for electric vehicles and lithium-ion battery makers jostling for position to profit from this initiative. The Wall Street Journal shone its own light on this race and highlighted the government's role.The report said the Energy Department has...

Posted on May 26, 2009 1:14 PM

Johnson Controls expands in hybrid batteries, downsizes elsewhere (from Corporate Dealmaker)

Johnson Controls-Saft is building its first U.S.-based cell manufacturing plant for lithium-ion hybrid batteries. The joint venture between Johnson Controls Inc. (NYSE:JCI) and Paris-based Saft SA opened a lithium-ion manufacturing facility for hybrid electric vehicles last year in Nersac, France. The U.S. plant is expected to create 500 news jobs.The...

Posted on April 15, 2009 8:57 AM

Is battery consortium the shape of things to come at the DOE? (from Corporate Dealmaker)

Fourteen U.S. companies are teaming up with Argonne National Laboratory to build a plant to make lithium-ion batteries for electric cars, The Wall Street Journal reported Thursday, and they'll seek $1 billion from the federal government to help. The report is noteworthy for several reasons.First, it shows the interest of...

Posted on December 18, 2008 11:45 AM