Johnson Controls sets up partnership with Chinese automaker

Johnson Controls Inc. will gain access to a new automobile market following a strategic partnership it announced Monday. The Glendale-based manufacturer will partner with Beijing Hainachuan Automotive Parts Co. Ltd. (BHAP), an auto parts subsidiary of Beijing Automotive Industry Group Co. Ltd. (BAIC Group), to set up automotive battery sales and manufacturing joint ventures in China, the world's largest automotive market. Johnson Controls (NYSE: JCI) will offer both conventional batteries and start-stop…

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