Magnetti Marelli signs deal for development and production of batteries
Now that Fiat is moving forward with product plans with Chrysler, the Italians plan to tap into the electric drive technology developed by the Americans. However, Chrysler has been working closely with A123 Systems on developing batteries. It's not clear how the Marelli-FAAM deal might affect the relationship with A123. It's certainly possible that the partners could move ahead with multiple battery suppliers.
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