Cummins acquires Johnson Matthey’s automotive battery systems business; the two will collaborate on eLNO high energy battery materials

By mmillikin Cummins Inc. has acquired Johnson Matthey’s UK automotive battery systems business, a subsidiary of Johnson Matthey that specializes in high-voltage automotive grade battery systems for electric and hybrid vehicles. As part of the acquisition, Cummins and Johnson Matthey also agreed to collaborate on the development of high energy battery materials for commercial heavy duty applications.

The acquisition of the automotive battery systems business allows Cummins to expand its electrification and energy storage capabilities in its efforts to be a global leader in electrified power. Johnson Matthey is able to focus on developing high energy battery materials, including its class-leading

Read Full Article Here

For more great articles: Green Car Congress

(Visited 3 times, 1 visits today)



© 2014 RenewaNews