Mercedes announced a new breakthrough in battery technology and managed to integrate a lithium-ion battery into a vehicle.
The Mercedes lithium-ion battery will equip the MercedesS 400 BlueHYBRID starting from 2009. The development of the The Mercedes lithium-ion battery for cars was made possible by 25 patents held by Daimler.
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Nissan announced that they had reached an agreement with Chrysler LLC to supply Chrysler with a new Nissan Versa sedan based car for limited distribution in South America. The “Chrysler Nissan Versa sedan” will be supplied to Chrysler on an Original Equipment Manufacture (OEM) basis in 2009.
Press Release
Chrysler LLC and Nissan Motor Co., Ltd., today announced an agreement for Nissan to supply Chrysler with a new car for limited distribution in South America. Based on the Nissan Versa sedan, the new car will be supplied to Chrysler on an Original Equipment Manufacture (OEM) basis in 2009.
The OEM supply agreement is the second product exchange between the two corporations, with Nissan affiliate JATCO already supplying Chrysler with transmissions since 2004.
“This kind of tactical partnership allows us to maximize product offerings yet minimize costly investments — such as new plant infrastructure, tooling and R&D,” said Chrysler LLC President and Co-Chairman Tom LaSorda. “This partnership will give Chrysler nearly immediate access to vehicle segments in which we do not currently compete.”
“Nissan has a successful track-record of win-win product exchanges and we are pleased to be entering into this second agreement with Chrysler,” said Carlos Tavares, Executive Vice President, Nissan Motor Company.
The two companies have also agreed to maintain an open dialogue to explore further product-sharing opportunities.
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