Johnson Controls showing new prismatic automotive Li-ion cells and sub-modules at Geneva Motor Show; planning sub-module production in 2014
Green Car Congress
FEBRUARY 21, 2012
Under the terms of the agreement, which also ended the legal actions between the two, Johnson Controls acquired Saft’s share of the JV for $145 million in cash. Modular systems are easier to adapt to different cars, shortening development times and making batteries more affordable to produce. Earlier post.).
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