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Saft to Supply Lithium Ion Batteries for Hybrid Powered Mercedes

Saft, leader in the design, development and manufacture of high-end batteries for industry and defence, announces that the Johnson Controls-Saft joint-venture has been selected by Daimler to supply Lithium-ion batteries for the Mercedes S Class 400 hybrid.

The batteries will be produced at Saft's site in Nersac, France where Johnson Controls-Saft in investing 15 million euros as announced in September 2006. This production line will be operational by 2008.

"I am very pleased that the combining of Saft's and Johnson Controls' know-how has led to a first programme of this importance." Said John Searle, Chairman of Saft's Management Board.

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