Saft to Raise Approximately 120M to Fund Li-ion Plants in US
Green Car Congress
NOVEMBER 2, 2009
The plant, to be based in Jacksonville, Florida, will manufacture batteries for a number of Saft’s existing markets (telecom back-up power, aviation and military), but most importantly, it will address the developing market for renewable energy storage. Recent studies estimate the potential of this market to be very significant by 2015.
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