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COBASYS and Panasonic EV Energy to cooperate in the development of next-generation state-of-the-art nickel metal hydride batteries

COBASYS and Panasonic EV Energy Co., Ltd. (PEVE) have agreed to cross license each other for current and future patents and also agreed to a technical cooperation agreement to advance the state-of-the-art of NiMH batteries which are widely used in hybrid electric vehicles (HEVs). COBASYS and PEVE have also established a joint development program to collaborate on the development of next-generation high performance NiMH batteries for HEVs.

For more information about COBASYS, please visit www.cobasys.com.

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Contacts:
Raymond Wagner
VP Marketing, Cobasys LLC
248.637.7400



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