Johnson Controls, Inc and Saft announced on 2 September that they had reached an agreement to end their joint venture, Johnson Controls-Saft, formed in 2006 to develop and manufacture lithium-ion traction batteries. JCI will acquire Saft's share of the company for US$145m in cash. The agreement includes an up-front royalty Subscribe to Automotive World to … Continued
Johnson Controls, Inc and Saft announced on 2 September that they had reached an agreement to end their joint venture, Johnson Controls-Saft, formed in 2006 to develop and manufacture lithium-ion traction batteries. JCI will acquire Saft's share of the company for US$145m in cash. The agreement includes an up-front royalty
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https://www.automotiveworld.com/articles/89027-us-france-jci-saft-agree-to-end-jv/
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