A joint venture between Johnson Controls and Saft Advanced Power Solutions is developing lithium-ion batteries for hybrids and electric vehicles. General Motors tapped the technology for potential use in its Saturn Vue Green Line plug-in hybrid SUV. Lithium-ion technology offers advantages in packaging, energy storage and energy-delivery performance compared to the NiMH batteries used in hybrids today. The U.S. Advanced Battery Consortium is supporting the project, predicting the extended range that comes with longer battery life will enhance the attraction of hybrids.
In a move that strengthens its 3D design business, Stratasys continued a 15-month buying spree this week by announcing its plan to acquire GrabCAD, a provider of a cloud-based collaboration environment for engineers.
Many diverse markets take advantage of semiconductor IP; so many that no one can recite the entire list without leaving off several. So why do we track all the vertical markets? They all have a unique set of requirements and value attributes differently. One major vertical market segment is automotive.
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