Johnson Controls cited rising start-stop vehicle demand for expanding production capacity of its Absorbent Glass Mat (AGM) batteries in China.
The US firm is increasing the capacity of its AGM production lines in its Changxing Plant, Zhejiang province facility to more than three million units a year.
Johnson Controls is set to escape forthcoming European Union antitrust fines after owning up to price rigging with smaller rivals on the price of lead purchased from scrap dealer, according to Bloomberg newswire.
Eco-Bat Technologies Ltd, Recylex SA, and Campine SA still expected to be fined in the coming weeks for their role in a cartel among companies buying lead recycled from car batteries.
Battery maker Johnson Controls is gambling on the stop-start automotive market keeping the lead-acid industry buoyant for the next 20 years.
Joe Walicki, president of power solutions at the US firm, is forecasting that 50% of North America and China, and 60% of Europe’s vehicles will be stop-start by 2020.
US battery giant Johnson Controls is doubling its North American absorbent glass matt production capacity to meet the needs of the stop-start vehicle industry.
The company is investing $245 million between 2016 and 2020 in the move, but it is not known whether the spending will be made in the existing Toledo, Ohio, plant or if a new plant will be built.
US lead-acid firm Johnson Controls is set to open its fourth battery manufacturing plant in China to serve the OEM and aftermarket industry.
The facility is being built in Binzhou, Shandong Province, following a joint venture between Johnson Controls and Binzhou Bohai Piston Co., Ltd., an auto parts affiliate of Beijing Automotive Industry Group Co., Ltd.
Johnson Controls has announced two multi-year research projects at the University of Wisconsin–Madison (UW–Madison) aimed at enhancing lead-acid start-stop batteries and energy storage systems.
The first project will focus on identifying the ageing mechanisms of absorbent glass mat (AGM) batteries and supporting systems in start-stop applications.
Now is a great time to sell your battery manufacturing business— to an oil company.
The age of oil isn’t over yet but those in fossil fuels know it’s coming, so now is the time to diversify. Some have been doing it for years— BP for example— an early entrant into solar energy.
So it’s hardly any surprise to see that SAFT, the French battery specialist, just got snapped up by Total, the multinational but French rooted oil and gas corporation.
It only seems like yesterday that SAFT was trying to wriggle free from Alcatel, the French telecom player, back in the late 90s. The SAFT management were frustrated, merely being just a division in a business which was expanding in all directions— internet, cellular and the term ‘energy storage’ wasn’t really in executive vernacular. It is now.
SAFTs specialist lithium products have proven too costly for the hybrid and EV market but acceptable for the military and aerospace markets.
And while the company had at least one interesting liason with Johnson Controls, it seems to have been a little lack lustre of late— and maybe a little rudderless following the unexpected death of John Searle, its former chairman and highly energetic commercial manager, in 2014.
Maybe there’s a lesson here— that if battery companies are really going to reap the rewards of the energy storage market, they are going to have be part of bigger energy businesses with access to capital and management resources they sorely lack.
If you look east, the big players in batteries, LG Samsung and Panasonic are all part of much larger concerns in the electrical and electronics field.
Small is beautiful up to a point. But if energy storage is really going to change the world it needs to be part of something bigger. That might be one way that lead acid industry gets itself away from the abyss it could be heading for.
Global giant Johnson Controls says it is driving an evolution in stop-start technology— while the rest of us wait for a revolution to happen.
Advanced Market & Technology Strategist Craig Rigby told BBB that the growth of the stop-start market had superseded all expectations, far outweighing the uptake in the electric vehicle (EV) market.