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ML 450 hybrid delayed, Mercedes-Benz sues battery maker |
Mercedes-Benz has filed a lawsuit against Cobasys LLC saying that the company isn’t delivering the batteries it promised for the upcoming Mercedes-Benz ML 450 hybrid. The issue could cause a delay in the launch of the ML 450 hybrid which is scheduled to arrive on the market in late 2009.Cobasys, which supplies batteries for GM’s mild-hybrid sedans, is a joint venture between Energy Conversion Devices Inc and Chevron Corp. GM was close to buying Cobasys back in June but no final deal was announced.
Cobasys could not be reached for comment but according to Automotive News, the company said early July that it had stopped producing batteries for Mercedes-Benz because it had not been paid and that it had not...
[source]
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