Categories

Archives

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

USA/Europe: Johnson Controls, Saft head for divorce

By Thomas Content of the Journal Sentinel
May 18, 2011 9:47 p.m. |(0) Comments
Plugged In

Johnson Controls Inc. and its hybrid battery partner, Saft, entered into a legal dispute Wednesday when the Wisconsin firm filed a court action to dissolve their joint venture.

The joint venture is one of the company’s most high-profile moves into the clean-technology space, and the partnership won early contracts in the auto industry’s move toward electric and hybrid vehicles, building next-generation hybrid batteries powered with lithium-ion technology.

The filing in the Delaware Chancery Court centers on a disagreement over the direction and scope of the joint venture, which was formed in 2006.
More isoline.com

Share

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.