How long will it be until lithium hybrid batteries account for a meaningful amount of Power Solutions sales?
Through a non-consolidated joint venture with Saft, Johnson Controls is the first company to produce lithium-ion battery systems for production vehicles. We currently produce batteries for the Mercedes S-Class and BMW 7-Series hybrid vehicles and will launch additional programs in 2010. That beings said, our hybrid battery business is still very much in the start-up phase and will not be a significant potential positive or negative top or bottom-line driver to Johnson Controls for several years. The production volume of electrified vehicles expected to launch in the next couple of years is still a fairly small number. Forecasts show a more meaningful increase in those production levels beyond 2015. Our forecast is that by 2020, 10-15% of all vehicles are will have some level of electrification. While it is currently a small part of our business, the market for lithium-ion hybrid vehicle batteries is expected to be as much as $30 billion annually by the end of the decade. The pace of co
Related Questions
- What is Murata Power Solutions position relative to the use of pure Tin in any of its 883 compliant Hybrid devices?
- Does an electric and hybrid car future pivot on the commercialization of automotive lithium ion batteries?
- Car batteries can have power spikes, is my Opus Solutions, Inc. DC-DC supply protected from this?
