If you need to know about batteries; you’ve come to the right place Chinese flag 点击这里访问我们的中文网站 Chinese flag

JCI

JCI ‘in Power Solutions sale talks’ with investment firm

Mon, 11/05/2018 - 00:00 -- John Shepherd
George Oliver

North American firm Brookfield Asset Management is at the centre of fresh speculation about a possible sell-off of Johnson Controls’ batteries business.

Brookfield, whose business interests include a graphite electrode manufacturing business and battery storage systems, could pick up JCI’s Power Solutions for between US$13 billion and $14bn, according to Reuters.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

ABC to work with Fengfan on bipolar lead batteries for China

Mon, 10/15/2018 - 00:00 -- John Shepherd

Advanced Battery Concepts (ABC) is setting its sights on China and the wider Asian market for its bipolar lead-acid technology, after signing a memorandum of cooperation with China’s Fengfan.

The memorandum US-based ABC signed with Fengfan, one of China’s biggest lead-acid manufacturers, sets out the firms’ “joint desire to develop bipolar lead batteries for the Chinese market”— but details have yet to be released.

ABC’s vice-president of business development, Don Hobday, told BEST Battery Briefing: “This is another big step forward for the technology and proves it has value in China.”

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

JCI to sell battery business to Chinese suitor?

Mon, 03/19/2018 - 11:13 -- John Shepherd
JCI to sell battery business to Chinese suitor?

Johnson Controls International (JCI), the biggest western player in the global battery market has fuelled speculation that it could be preparing to sell its Power Solutions division— essentially all of its lead-acid and lithium business.

And sources have told BBB the most likely buyer will be a Chinese player— perhaps Camel or Chilwee (also known as Chaowei) who both have the financial muscle to pull off such a deal.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

JCI expands in South America

Wed, 11/13/2013 - 17:14 -- Ruth Williams

Johnson Controls has acquired a 90% share of Colombian battery supplier MAC. JCI has been working with MAC since 2011 when they began a joint venture to produce and sell lead-acid batteries for the Central and South American markets.

Details of the financial terms have not been disclosed but will further strengthen JCI’s position in the continent. 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Johnson Controls appoints new CEO and announces supply deal with Chevy

Thu, 08/22/2013 - 16:03 -- Ruth Williams
Alex Molinaroli

Johnson Controls has announced Alex Molinaroli is to be the company’s President and CEO from October 1st.

Molinaroli, who has been with the company since 1983, will also serve as Chairman of the Board from January 1st 2014, when Stephen Roell will step down.

The new President has said he wants to lessen the company’s business in car parts such as seats, dashboard displays, roof liners and other components. Instead he wants the company to be seen as a multi-industry company by getting into climate-control equipment and systems for hospitals, schools, offices and commercial buildings.

The auto battery business will however remain; the company has announced it is to supply Chevy with AGM batteries for the 2014 Malibu car.

JCI’s battery will go into the stop-start engine marking the first time Chevy has equipped a car with the fuel-saving technology as standard. 

Subscribe to JCI