Chevron drains battery planned for Mercedes ML 450 hybrid, Mercedes sues
No stranger to accusations of conspiracy when it comes squelching green-tech batteries, Chevron is again facing the charge in a lawsuit filed last week by Mercedes that claims the company colluded with ECD and Cobasys to keep the imminent sale of the distressed battery maker a secret to prevent the German firm from canceling the battery deal. The suit also alleges that Cobasys refused to begin production in case the terms of the contract were not seen as favorable to the new owners. This situation should make for interesting reading in the months to come and, we suspect, give folks yet another reason to dislike oil companies.
[Source: Information Week]
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