Categories

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: Johnson Controls Battery Deal

Johnson Controls Lands $5.4 Million Battery Deal

By Sam Schrader
Wednesday, April 11th, 2012

The United States Advanced Battery Consortium LLC (USABC) has announced it’s awarded a $5.48-million lithium-ion battery technology development contract to Johnson Controls Inc. (NYSE:JCI)

The $5.4 million will be used to aid in the process of developing JCI’s lithium-ion battery technology for plug-in hybrids vehicles. The award is co-funded by the DOE and includes a 50% cost-share by Johnson Controls.

For the duration of the 24-month program, Johnson Controls will spend the bulk of its time researching how to increase the volumetric energy density of hard-cased prismatic cell technology, which was leftover from the last USABC contract award winners. With the improved energy density, volume and mass issues are addressed while also helping drop the price of the battery.
More greenchipstocks.com

Share

1 comment to USA: Johnson Controls Battery Deal

Leave a Reply