Johnson Controls to nearly triple its investment in stop-start battery tech: "Johnson Controls says that, over the next two years, it will nearly triple its investment in two German facilities that manufacture batteries for vehicles equipped with stop-start technology. Alex Molinaroli, head of the Johnson Controls' automotive battery division, told Reuters that, 'We will invest 275 million euros ($389 million U.S. at the current exchange rate) in our battery plants in Hanover and Zwickau.'
According to Johnson Controls, stop-start technology can reduce a vehicle's fuel consumption by up to 12 percent. It's this benefit that has automakers racing to equip their vehicles with stop-start tech and Johnson Controls upping its investment to pump out more batteries. Molinaroli says that 80 percent of vehicles sold in Europe will be equipped with this fuel-saving system by 2016 and claims that, since batteries are still too costly, pure electric vehicles won't be mass produced until 2025. We have to assume he means on a bigger scale than, say, the Nissan Leaf and all the other EVs that are coming soon.
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