Johnson Controls-Saft Advanced Power Solutions and Maxwell Technologies, Inc. (Nasdaq: MXWL) announced a development collaboration aimed at producing better lithium-ion battery electrodes for use in vehicles.
Maxwell will produce lithium-ion battery electrodes for testing and evaluation by Johnson Controls-Saft in an attempt to demonstrate optimized performance, while reducing energy consumption, solvent recovery and capital investment.
"Our goal is to develop break-through technology on electrode manufacturing to reduce the cost and environmental impact of advanced automotive batteries for hybrid vehicles," said Mary Ann Wright, who leads the Johnson Controls-Saft joint venture and is vice president and general manager of Johnson Controls’ hybrid business.
Through their collaboration, the two companies will evaluate the integration of Maxwell’s proprietary electrode process into the mass production of lithium-ion batteries for hybrid vehicles.
About Maxwell Technologies
Maxwell is a developer and manufacturer of energy storage and power delivery solutions. The company’s BOOSTCAP® ultracapacitor cells and multi-cell modules provide power solutions for applications in consumer and industrial electronics, transportation and telecommunications.
About Johnson Controls-Saft
Johnson Controls-Saft is a joint venture that has brought together Johnson Controls (NYSE: JCI)–a leading supplier of automotive batteries and a company deeply experienced in integrated automotive systems solutions–with Saft (Euronext: Saft), an advanced energy storage solutions provider with extensive Li-ion battery expertise.
(www.johnsoncontrols.com/) (www.saftbatteries.com)
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