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Mercedes-Benz forced to cancel launch of ML450 HybridThis is a discussion on Mercedes-Benz forced to cancel launch of ML450 Hybrid within the M-Class forums, part of the Mercedes-Benz category; InformationWeek has learned that Mercedes-Benz may be forced to cancel or delay the launch of the ML450 hybrid. Cobasys, a ... |
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08-06-2008, 02:32 AM
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  | Mercedes-Benz forced to cancel launch of ML450 Hybrid  InformationWeek has learned that Mercedes-Benz may be forced to cancel or delay the launch of the ML450 hybrid. Cobasys, a joint venture between Chevron and Energy Conversion Devices, was contracted to supply Mercedes with nickel-metal hydride (NiMH) batteries, a $6 million contract, might be closing shop due to the lack of funding from its partners (Chevron & ECD). The battery supplier lost almost $76 million in 2007, and may lose a similar amount this year. If Cobasys is unable to supply the batteries, Mercedes will be forced to delay/cancel the launch of the ML4 50 Hybrid, until it finds a suitable supplier, or they might even force Cobasys to manufacture the batteries via litigation. Mercedes-Benz forced to cancel launch of ML450 Hybrid|BenzInsider.com - The Official Mercedes-Benz Fan Blog Not good news at all. M
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08-06-2008, 02:52 AM
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| Re: Mercedes-Benz forced to cancel launch of ML450 Hybrid Maybe this will get them to make the switch, though I'm sure that will delay it until the next generation ML. M
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08-06-2008, 03:31 AM
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| Re: Mercedes-Benz forced to cancel launch of ML450 Hybrid What a brilliant idea, let us buy batteries from an oil company..."huh what, you are closing shop? ugh!" |
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08-06-2008, 04:48 AM
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| Re: Mercedes-Benz forced to cancel launch of ML450 Hybrid Chevron, lack of funding? Yeah right. Those guys got buck loads of money profiting from the increasing petrol prices.  |
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08-06-2008, 06:21 AM
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| Re: Mercedes-Benz forced to cancel launch of ML450 Hybrid Quote:
Lots of power... lots lots lots of fire hazard.... | |
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08-06-2008, 10:11 AM
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| Re: Mercedes-Benz forced to cancel launch of ML450 Hybrid Wha? An oil company throwing a monkey wrench in the launching of a hybrid vehicle? Nooo..... |
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08-06-2008, 08:11 PM
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| Re: Mercedes-Benz forced to cancel launch of ML450 Hybrid I read some where (can't find it right now) that the company was planning on selling the battery department to GM and didn't design any of the battiers they were paid to do by Mercedes. Mercedes has a lawsuit against them for the 6 or 7 million they were paid. |
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