Executives

Johnson Controls bets big on stop-start systems

July 04, 2016 05:00 AM
Are you politely saying your competitors are selling lithium ion batteries at a loss?

"We are politely and carefully saying that we have real good insight into the economics of the marketplace. We know there is a disconnect between cost and price."

MILWAUKEE -- Joe Walicki is betting $780 million that Tesla's high-tech, electric-vehicle battery gigafactory in Nevada does not represent the future of the auto battery business.

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