Johnson Controls Inc. will spend $220 million to renovate its plant in Holland, MI, to produce lithium-ion battery cells after winning $148.5 million in state-tax incentives. Batteries manufactured likely will be used to power a Ford Motor Co. plug-in vehicle slated to hit showrooms next year. The new BMW 760i will feature ZF Friedrichshafen AG’s new 8-speed automatic transmission, new cross-linked chassis and steering system. ZF says the new transmission shifts in milliseconds, improving ...

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