Johnson Controls is forming a joint venture with Binzhou Bohai Piston Co., Ltd., an auto parts affiliate of Beijing Automotive Industry Group Co., Ltd. (BAIC Group), to build its fourth Chinese automotive battery manufacturing plant.
At full capacity, the more than $200 million USD plant will employ 650 people who will manufacture both conventional flooded and absorbent glass mat (AGM) battery technologies. AGM powers start-stop systems, which increase vehicle fuel efficiency up to 5 percent, helping automakers meet increasingly strict environmental regulations.
Construction of the state-of-the-art facility is expected to begin in 2017, with production starting two years later. Once up and running, the plant will be able to produce 7.5 million batteries per year.
By 2020, 50 percent, or about 15 million new vehicles will be equipped with start-stop functionality in China, saving an estimated 1.2 billion liters of gasoline per year. It also reduces greenhouse gas emissions by 2.8 million metric tons per year.
|Company Name||Johnson Controls|
|Joint Venture Company||Binzhou Bohai Piston Co., Ltd|
|Type||Automotive Battery Plant|
|Estimated Cost||More Than $200 Million|
Source : johnsoncontrols.com