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Chevron drains battery planned for Mercedes ML 450 hybrid, Mercedes sues

var digg_url = 'http://digg.com/environment/Chevron_subsidiary_cancels_contract_for_hybrid_batteries'; Plans for Mercedes to release the ML 450 hybrid in 2009 may very well be canceled. The maker of the nickel metal hydride (NiMH) batteries that was to provide the energy storage component for the SUV, Cobasys, seems to be refusing to begin production of the essential part. It appears the company's parent firms, Chevron (who just posted a $5.98 billion 2nd quarter profit) and Energy Conversion Devices (ECD) have "pulled funding" from the ... Read more →

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