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422:, Stan Ovshinsky stated, "I think we at ECD we made a mistake of having a joint venture with an oil company, frankly speaking. And I think it’s not a good idea to go into business with somebody whose strategies would put you out of business, rather than building the business." In a later interview, however, when asked, "So it's your opinion that Cobasys is preventing other people from making it for that reason?", he responded "Cobasys is not preventing anybody. Cobasys just needs an infusion of cash.". Cobasys CEO Tom Neslage refuted the financial criticisms, saying that Cobasys had been continuously funded since its 2001 founding, and Chevron's funding had totaled more than $ 350 million. 401:. Chevron's influence over Cobasys extended beyond a strict 50/50 joint venture, holding a 19.99% interest in ECD Ovonics. In addition, Chevron maintained the right to seize all of Cobasys' intellectual property rights in the event that ECD Ovonics did not fulfill its contractual obligations. On September 10, 2007, Chevron filed a legal claim that ECD Ovonics had not fulfilled its obligations. ECD Ovonics disputed this claim. Since that time, the arbitration hearings were repeatedly suspended while the parties negotiated with an unknown prospective buyer. No agreement was reached with the potential buyer. Cobasys's patents relating to NiMH batteries expired in 2015. 315:
prevented Matushita, Toyota, and PEVE from selling certain NiMH batteries for transportation applications in North America until the second half of 2007, and commercial quantities of certain NiMH batteries in North America until the second half of 2010. Additionally, Ovonic Battery Co. and ECD Ovonics received a $ 10 million patent license fee, Cobasys received a $ 20 million patent license fee, $ 16 million of which was earmarked to reimburse legal expenses, and Cobasys would receive royalties on certain batteries sold by Matushita/PEVE in North America.
140:(also called ECD Ovonics, ECD, or Ovonics) The intermediary hierarchy of ownership was that Cobasys LLC was owned by Chevron's subsidiary Chevron Technology Ventures LLC, and ECD Ovonics' subsidiary Ovonic Battery Company. Cobasys spent $ 180 million in funding from Chevron Technology Ventures, and the two owners were unable to agree on further funding of the company. After arbitration between the owners had stalled, a buyer was found. 249:(ZEV) Program, which required 2% of new vehicles sold or leased in the state to be ZEVs by the 1998 model year, and 10% by the 2003 model year. NiMH batteries were used in small production runs of EVs from Toyota, Honda, DaimlerChrysler, and Ford in 1997, and GM in 1999. In 1996, California pushed back its ZEV compliance requirement from 1998 to 2003, and required the sale of just 3,750 ZEVs between 1998 and 2001. 164:
decades by Daimler-Benz Comp./Stuttgart and by Volkswagen AG. within the framework of Deutsche Automobilgesellschaft. The batteries showed high energy and power densities up to 50 Wh/kg, 1000 W/kg and a reasonable cycle life of 500 cycles. - Patent applications were filed in European countries (priority: Switzerland), USA and Japan and the patents transferred to Daimler-Benz Comp./Stuttgart. -
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18,000 units in its first year of production, as well as the first Honda Insight and, with Sanyo Electric Co, first generation Civic hybrid models. BEV production by major automakers ceased in the early 2000s, with most leased BEV vehicles crushed by their manufacturers, and replacement batteries unavailable for remaining vehicles.
197:. Mr. Ovshinsky invented a variation on the NiMH battery, and ECD Ovonics holds crucial patents on some types of NiMH battery technology, licensing them to all major NiMH battery producers. Among its many activities, it produces consumer-oriented NiMH batteries, while Cobasys focuses on higher-energy industrial applications. 238:(GM), called GM Ovonic Battery, to manufacture NiMH batteries for electric vehicles. GM was given a 60% share of the venture, and provided operating capital, manufacturing capability, and management personnel, while OBC was given a 40% share, and provided patents, licenses, intellectual property, and engineering personnel. 222: 334:
announced a partnership in 2007 to develop, manufacture, sell and service lithium-ion batteries for automotive applications. A123Systems will provide their proprietary nanophosphate lithium ion technology and manufacture the batteries, while Cobasys will act as the tier one supplier to the automotive
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announced it will buy GM's 60% share in GM Ovonics Battery Systems, adding to their existing 20% share in the company, and restructure the joint venture as a 50-50 partnership with ECD Ovonics, renamed Texaco Ovonic Battery Systems LLC. Less than a week later, Texaco and Chevron Corporation announced
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Elektrode zur Speicherung und Aktivierung von Wasserstoff", K.D. Beccu, Battelle-Geneva, CH Priority Application No. 6333/67-Bb3/CH/2 - (2.05.1967), Patent: DE 2317505 C2 (18.10.73). Negative electrode of Ti-Ni alloy hydride phases, US patent US 3,669,745 (06/13,1972), inventor: K.D. Beccu, Ph.D.,
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argues that large-format NiMH batteries are commercially viable but that Cobasys refuses to sell or license them to small companies or individuals. Boschert concludes that "it's possible that Cobasys (Chevron) is squelching all access to large NiMH batteries through its control of patent licenses in
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A 2001 patent infringement lawsuit brought by ECD Ovonics and Ovonic Battery Company, Inc. against Matsushita, Toyota, and PEVE was settled in July 2004. Settlement terms called for cross-licensing between parties of current and future NiMH-related patents filed through December 31, 2014. The terms
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The pioneering work on NiMH batteries – essentially based on sintered Ti2Ni+TiNi+x alloys for the negative electrode and NiOOH-electrodes for the positives – was performed at the Battelle Geneva Research Center starting after its invention in 1967: The development work was sponsored over nearly two
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In October 2000, Texaco Ovonic Hydrogen Systems, LLC was formed as a 50/50 joint venture between ECD Ovonics and Texaco Energy Systems, Inc. to develop and market ECD's metal hydride hydrogen technology. It was later renamed ChevronTexaco Ovonic Hydrogen Systems. In December 2004, ChevronTexaco's
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In addition to holding a 50% share of Cobasys, Chevron holds a 19.99% interest in ECD Ovonics. Chevron maintains veto power over any sale or licensing of Cobasys' NiMH technology. In addition, Chevron maintains the right to seize all of Cobasys' intellectual property rights in the event that ECD
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PEVE supplied higher-capacity (28–95 Ah) NiMH batteries for use in Toyota, Honda, and Ford battery electric vehicles (BEVs) that began production in 1997. PEVE's lower capacity batteries powered the hybrid electric vehicle (HEV) Toyota Prius, which was introduced in Japan in 1997, and sold
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In September 2000, Texaco Ovonic Fuel Cell Company, LLC was formed as a 50/50 joint venture between ECD Ovonics and Texaco Energy Systems, Inc. to develop and market Ovonic regenerative fuel cell technology. It was later renamed ChevronTexaco Ovonic Fuel Cell Company. In June 2003, ECD acquired
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Ovonic Battery Company (OBC) was formed in 1982 as a joint venture between ECD Ovonics and Detroit, Michigan-based American Natural Resources Company (ANR) to capitalize on the rechargeable NiMH batteries which Mr. Ovshinsky had invented. ANR had invested $ 23 million before backing out of the
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The "invented NiMH variation" of Mr. Ovshinsky consisted in special alloys with disordered alloy structure and specific multicomponent alloy compositions. This variation made possible to increase the battery performance, i.e. the energy density, the cycle life and other characteristics.
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In the early 1980s OBC produced Ovonic NiMH batteries for the consumer market. Until that time, Nickel Cadmium (NiCad) batteries dominated the consumer rechargeable battery market, but NiMH batteries were safer, and stored more energy in an equivalent size. It also began work with
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In October 2007, International Acquisitions Services, Inc. and Innovative Transportation Systems AG filed suit against Cobasys and its parents for refusing to fill a large, previously agreed-upon order for large-format NiMH batteries to be used in the electric Innovan.
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Two other 50/50 joint ventures between Texaco and EVD Ovonics were created shortly before and after Texaco's acquisition of GM's shares in what became Cobasys. One focused on regenerative fuel cell technology, the other on metal hydride hydrogen technology.
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Large-format NiMH batteries may have been commercially viable and ready for mass production, but there have been claims that Chevron and other oil-related interests may have suppressed the technology. Presumably to forestall the introduction of
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share in the venture was traded to ECD Ovonic in a deal that granted Cobasys an expansion of their NiMH battery technology licenses given by ECD Ovonics. The now wholly owned subsidiary of ECD Ovonics was renamed Ovonic Hydrogen Systems LLC.
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Licensing terms were expanded in 2005, with PEVE granted further license to sell NiMH batteries for certain transportation applications in North America, in exchange for royalties paid to Cobasys through 2014.
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order to remove a competitor to gasoline. Or it's possible that Cobasys simply wants the market for itself and is waiting for a major automaker to start producing plug-in hybrids or electric vehicles."
606:. (Abstract Only). Society of Automotive Engineers international congress and exposition; 27 Feb - 3 Mar 1989; Detroit, MI (USA); DOE Project; Technical Paper 890785. 1989. Retrieved on 2007-08-06. 1334: 931: 835: 820: 345:
In March, 2007, Cobasys announced that they were exploring strategic alternatives to growth, engaging the services of financial advisors from UBS Investment Bank and Goldman, Sachs & Co.
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Ovonics does not fulfill its contractual obligations. On September 10, 2007, Chevron filed a legal claim that ECD Ovonics has not fulfilled its obligations. ECD Ovonics disputes this claim.
218:(USABC), a consortium of US automakers, to develop EV batteries, and in 1993, their first EV NiMH battery pack was used in the Chrysler TE van, which previously used Li-alloy/FeS batteries. 327:
According to SEC filings, ECD Ovonics and Cobasys hold 125 US patents related to NiMH battery technology. 13 of the patents, considered particularly important, were due to expire by 2014.
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Anderman, Menahem, Fritz R. Kalhammer, Donald MacArthur, The Year 2000 Battery Technology Advisory Panel. State of California Air Resources Board, 2000-06-22. Retrieved on 2007-08-07.
376: 1068: 242:, who in 1992 concluded a 37-year career at GM, finishing as chairman and CEO, joined ECD Ovonics as an advisor in 1993, and has served as ECD Ovonics' chairman since 1995. 360:, was announced. This joint venture was terminated in 2012, with Cobasys being folded into Bosch, with joint access of the partners to the 3000 or so patents held by it. 397:
announced its acquisition of Texaco six days later. In 2003, Texaco Ovonics Battery Systems was restructured into Cobasys, a 50/50 joint venture between Chevron and
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Texaco Energy Systems' share for $ 1.00, effective December 31, 2002, and 100% ownership was assumed by ECD. The name was changed to Ovonic Fuel Cell Company LLC.
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Vue Green Line SUV, GM's Saturn Aura Green Line sedan, and GM's Chevrolet Malibu Hybrid Sedan. In 2009, GM discontinued the Saturn brand, ending the contract.
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venture in 1995, at which point ECD Ovonics purchased ANR for $ 8 million in stock and notes, leaving OBC as a wholly owned subsidiary of ECD Ovonics.
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Texaco To Acquire General Motor's Share of GM Ovonic Battery Joint Venture: Deal Reflects Technology's Potential For Broad Energy Applications
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This period was during the development of hybrid and electric vehicles by several automotive manufacturers trying to comply with California's
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ECD Announces Expansion of NiMH Battery License to Cobasys and Restructuring of Relationship with ChevronTexaco Technology Ventures
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2009-05-20 at the Portuguese Web Archive (Press release). Texaco Investor Relations Archive, 2000-09-21. Retrieved on 2007-08-08.
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On February 14, 2012, the former Energy Conversion Devices Inc. operating subsidiary "Ovonic Battery Company" was acquired by
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and an unnamed Japanese automaker on batteries for electric vehicles (EVs). In 1992, OCB was awarded a contract by the
1335:"The Energy Roadmap - the Edison of our Age: Stan Ovshinsky and the Future of Energy [Video Interview Part 1]" 564: 89: 61: 1166: 1147: 1128: 992: 890: 838:
2009-05-20 at the Portuguese Web Archive. Texaco Investor Relations Archive, 2001-10-09. Retrieved on 2007-08-08.
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2009-05-20 at the Portuguese Web Archive Texaco Investor Relations Archive, 2000-10-16. Retrieved on 2007-08-08.
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Bureau of Air Quality, Maine Department of Environmental Protection, January, 2000. Retrieved on 2007-08-08.
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Cobasys and A123Systems Announce Partnership to Develop Lithium Ion Hybrid Electric Vehicle Battery Systems
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begun in 1996, pioneered several advances in large-format NiMH batteries suitable for electric vehicles.
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Air Resource Board, California Environmental Protection Agency, 2007-04-20. Retrieved on 2007-08-07.
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Chevron and Texaco Agree to $ 100 Billion Merger Creating Top-tier Integrated Energy Company
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a merger plan, which was completed a year later as they became ChevronTexaco Corporation.
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batteries, battery control systems, and packaged solutions for automotive applications,
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On October 10, 2000, Texaco announced the purchase of GM's share in GM Ovonics, and
1105:"ENERGY CONVERSION DEVICES INC, Form 10-K, Annual Report, Filing Date Sep 13, 2005" 973: 533: 1084: 847: 776: 723: 662:
Status Report on the California Air Resource Board's Zero Emission Vehicle Program
615: 509: 983:(Press release). Ovonic Hydrogen Solutions, 2000-10-31. Retrieved on 2007-08-08. 349: 331: 144: 24: 1368: 974:
Texaco and Energy Conversion Devices, Inc. Form Hydrogen Storage Joint Venture
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State of California Air Resources Board, 2004-03-18. Retrieved on 2007-08-08.
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Cobasys Confirms Production Contract for 2008 Chevrolet Malibu Hybrid Sedan
1040:(Corporate website). Panasonic EV Energy Co., Ltd. Retrieved on 2007-08-08. 777:
Texaco and ECD Restructure NiMH Battery Joint Venture - Texaco Ovonic, LLC
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Texaco and ECD Restructure NiMH Battery Joint Venture - Texaco Ovonic, LLC
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Texaco and Energy Conversion Devices Inc. Form Fuel Cell Joint Venture
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Cobasys was contracted to provide NiMH battery systems for the GM's
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industry, providing extensive development and integration services.
1002:(Press release). ECD Ovonics, 2004-12-03. Retrieved on 2007-08-08. 220: 1075:. (SEC filing). ECD Ovonics, 2004-07-07. Retrieved on 2007-08-08. 1030: 857:. (Press release). Cobabsys, 2004-03-15. Retrieved on 2007-08-08. 733:. (Press release). Cobabsys, 2000-10-10. Retrieved on 2007-08-08. 964:, Vol. 1, Issues 6-8, June–August 2003. Retrieved on 2007-08-08. 625:(Press release). Cobabsys, 2000-10-12. Retrieved on 2007-08-08. 364: 949:(SEC Filing). SECInfo.com, 2002-01-18. Retrieved on 2007-08-08. 786:(Press release). Cobabsys, 2000-10-12. Retrieved on 2007-08-08. 1135:(Press release). Cobasys, 2007-01-03. Retrieved on 2007-08-08. 1094:(Press release). Cobasys, 2005-07-06. Retrieved on 2007-08-08. 1066:
US SEC Form 8-K, Energy Conversion Devices, Inc., July 7, 2004
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is an American automotive technology corporation. It supplies
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ECD Ovonics Amended General Statement of Beneficial Ownership
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Energy Conversion Devices, Inc.: Information from Answers.com
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Cobasys and Panasonic Expand Relationship for NiMH Batteries
637:(SEC Filing). SEC Info, 1997-05-14. Retrieved on 2007-08-08. 234:
In 1994, Ovonic Battery Company formed a joint venture with
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ECD Ovonics, half owner of Cobasys, was founded in 1960 by
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Cobasys to Explore Alternatives to Support Growth Strategy
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Energy Conversion Devices Inc, DEF 14A, For 1/18/02, EX-99
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Texaco Ovonic Battery Systems to Build New Plant in Ohio
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ChevronTexaco Corporation Announce Completion of Merger
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Fact Sheet: 2003 Zero Emission Vehicle Program Changes
471:(Corporate website). Cobasys. Retrieved on 2007-08-07. 650:
Honda EV Plus: The Dream of an Electric Vehicle(1988)
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Patent encumbrance of large automotive NiMH batteries
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Plug-in Hybrids: The Cars that Will Recharge America
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Plug-in Hybrids: The Cars that Will Recharge America
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Energy Conversion Devices, Inc. 2006 Proxy Statement
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Ovonic Materials Division — NiMH Battery JV Overview
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Plug-in Hybrids: The Cars that Will Recharge America
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Panasonic EV Energy (PEVE), a joint venture between
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In 2004 this joint venture was renamed Cobasys LLC.
147:, an electric vehicle battery joint venture between 1195:Gabriola Island, BC: New Society Publishers, 2007. 49:. Unsourced material may be challenged and removed. 1228:"Supplier Cobasys exploring more hybrid batteries" 813: 811: 505: 503: 485:Supplier Cobasys exploring more hybrid batteries. 635:Energy Conversion Devices Inc, 10-Q, For 3/31/97 529: 527: 525: 253:Texaco Ovonic Battery Systems, and Cobasys, 2000 1021:. (Corporate website). Retrieved on 2007-08-08. 1012:Our Company: Welcome to Ovonic Hydrogen Systems 159:Battelle-Geneva's pioneering work on NiMH, 1967 1317:(Gabriola Island, BC: New Society Publishers) 1050:Timeline: Life & Death of the Electric Car 942: 940: 1173:Cobasys, 2007-03-14. Retrieved on 2007-08-08. 1154:Cobasys, 2007-03-13. Retrieved on 2007-08-08. 574:. Energy Conversion Devices, Inc. 2006-10-16. 158: 8: 1445:US Patent No. 6,969,567 - Multi-cell battery 959:The (De-)Construction Site: M&A Activity 886: 884: 882: 741: 739: 719: 717: 553:ENER: Profile for Energy Conversion Devices 555:. Yahoo! Finance. Retrieved on 2007-08-06. 479: 477: 1392:"Cobasys CEO Defends His Battery Company" 683:Zero Emission Vehicle Study, January 2000 604:Li/FeS battery design for an electric van 348:On July 14, 2009, the sale of Cobasys to 216:United States Advanced Battery Consortium 169:Battelle-Geneva R&D Center. See also 143:On July 14, 2009, the sale of Cobasys to 109:Learn how and when to remove this message 1277:for the period ending September 30, 2007 919:for the period ending September 30, 2007 645: 643: 758: 756: 593:. Answers.com. Retrieved on 2007-08-06. 586: 584: 582: 580: 435: 399:Energy Conversion Devices (ECD) Ovonics 295:Patent dispute with Panasonic EV Energy 1472:Electric vehicle battery manufacturers 1249:ECD Ovonics Definitive Proxy Statement 867:ECD Ovonics Definitive Proxy Statement 497:, 2007-03-14. Retrieved on 2007-08-06. 805:(Press release). Chevron, 2002-10-29. 543:ECD Ovonics. Retrieved on 2007-08-06. 519:ECD Ovonics. Retrieved on 2007-08-08. 7: 1426:for the period ending March 31, 2008 1370:Stanford Ovshinsky Interview, Part 2 1296:for the period ending March 31, 2008 1056:2006-06-09. Retrieved on 2007-08-08. 277:Texaco Ovonic Fuel Cell Company, LLC 47:adding citations to reliable sources 1031:Panasonic EV Energy Co., Ltd.: News 848:We have changed our name to COBASYS 286:Texaco Ovonic Hydrogen Systems, LLC 602:Chilenskas, A. A., and G. Barlow. 14: 1417:ECD Ovonics 10-Q Quarterly Report 1287:ECD Ovonics 10-Q Quarterly Report 1268:ECD Ovonics 10-Q Quarterly Report 910:ECD Ovonics 10-Q Quarterly Report 652:. Honda. Retrieved on 2007-08-07. 452:Cobasys. Retrieved on 2007-08-06. 16:Automotive technology corporation 1390:Neslage, Tom (August 10, 2008). 23: 138:Energy Conversion Devices, Inc. 34:needs additional citations for 1226:Roberson, J. (March 14, 2007) 410:, published in February 2007, 130:uninterruptible power supplies 1: 225:GM Ovonic NiMH battery module 201:Ovonic Battery Company, 1982 1394:(Interview). Archived from 126:nickel metal hydride (NiMH) 1493: 374: 384:battery electric vehicles 467:January 5, 2016, at the 448:January 5, 2016, at the 367:Corporation of Germany. 872:April 19, 2012, at the 230:GM Ovonic Battery, 1994 1422:July 28, 2009, at the 1071:July 17, 2004, at the 896:July 29, 2009, at the 764:"Electric Vehicles UK" 226: 1467:Battery manufacturers 915:May 24, 2009, at the 418:In an interview with 247:Zero-Emission Vehicle 224: 212:Hyundai Motor Company 191:Stanford R. Ovshinsky 1398:on December 17, 2008 354:Samsung SDI Co. Ltd. 350:SB LiMotive Co. Ltd. 323:Sale and dissolution 149:Samsung SDI Co. Ltd. 145:SB LiMotive Co. Ltd. 43:improve this article 1477:Chevron Corporation 1258:of January 15, 2003 900:of December 2, 2004 876:of January 15, 2003 534:ECD Ovonics History 462:Cobabsys: Investors 136:and Michigan-based 134:Chevron Corporation 1450:2016-01-05 at the 1313:2011-02-06 at the 1292:2009-07-28 at the 1273:2009-05-24 at the 1254:2012-04-19 at the 1238:Detroit Free Press 1233:2010-12-05 at the 1191:2011-02-06 at the 1036:2007-08-10 at the 998:2006-10-25 at the 801:2007-09-29 at the 749:. 23 October 2000. 707:2011-07-21 at the 688:2007-09-30 at the 570:2006-10-16 at the 539:2007-09-04 at the 515:2009-05-22 at the 495:Detroit Free Press 490:2010-12-05 at the 227: 1323:978-0-86571-571-4 1201:978-0-86571-571-4 1107:. secdatabase.com 358:Robert Bosch GmbH 257:In October 2000, 195:Iris M. Ovshinsky 185:ECD Ovonics, 1960 153:Robert Bosch GmbH 119: 118: 111: 93: 1484: 1427: 1414: 1408: 1407: 1405: 1403: 1387: 1381: 1380: 1356: 1350: 1349: 1347: 1346: 1337:. 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nickel metal hydride (NiMH)
uninterruptible power supplies
Chevron Corporation
Energy Conversion Devices, Inc.
SB LiMotive Co. Ltd.
Samsung SDI Co. Ltd.
Robert Bosch GmbH
Ref:
NiMH batteries
Stanford R. Ovshinsky
Iris M. Ovshinsky
Hyundai Motor Company
United States Advanced Battery Consortium

General Motors
Robert Stempel
Zero-Emission Vehicle
Texaco Inc.
Matsushita

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