battery Controls ( JCI ) announced yesterday that it will invest $ 245 m to 2020 in a bid to expand its production capacity of electric vehicle ( EV ) batteries in North America and build a new battery factory in China . JCI is currently the world ’s largest producer of Absorbent Glass Mat ( hybrid ) batteries , which are recognised as market leaders in demonstrating the “ stop - start ” nature of EVs . The company believes that rising consumer demand and environmental regulations will see up to 90 % of cars built in North American featuring stop - start systems by 2020 .
Johnson Controls (JCI) announced yesterday that it will invest $245m to 2020 in a bid to double its production capacity of electric vehicle (EV) batteries in North America and build a new battery factory in China. JCI is currently the world’s largest producer of Absorbent Glass Mat (AGM) batteries, which are recognised as market leaders in handling the “stop-start” nature of EVs. The company believes that rising consumer demand and environmental regulations will see up to 50% of cars built in North American featuring stop-start systems by 2020.