In response to the increasing demand for electric vehicles around the world, yesterday American battery manufacturer, Johnson Controls, announced plans to build its fourth automotive battery factory in China. The $200m factory will employ 650 people and will be built by Johnson Controls and its joint venture partner, Binzhou Bohai Piston Co. Ltd., an affiliate of Beijing Automotive Industry Group Co Ltd, one of China's largest automakers. For additional information, please visit http://www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter About This is a major milestone for China as it becomes the world's biggest market for lithium-ion batteries.
In response to the increasing demand for electric vehicles around the world, yesterday American battery manufacturer, Johnson Controls, announced plans to build its fourth automotive battery factory in China. The $200m factory will employ 650 people and will be built by Johnson Controls and its joint venture partner, Binzhou Bohai Piston Co. Ltd., an affiliate of Beijing Automotive Industry Group Co Ltd, one of China's largest automakers. This is a major milestone for China as it becomes the world's biggest market for lithium-ion batteries.