Hitachi and Johnson Controls have signed a memorandum of understanding to collaborate on several fronts in the field of advanced energy storage.

Both the companies will study opportunities for collaboration in the fields of motive and non-motive advanced energy storage including lithium-ion batteries, exploring potential cooperation across a wide span of initiatives including R&D, procurement, production, marketing, sales and standardization.

The collaboration agreement reflects the companies’ long-term vision and commitments to the global advanced energy storage space.

Johnson Controls Power Solutions president Alex Molinaroli said that to build a successful advanced energy storage industry, it’s going to require significant ongoing efforts across the entire spectrum of the business, including everything from research and development through commercialization capabilities.

“By combining our complementary strengths, Hitachi and Johnson Controls have a great opportunity help shape and lead the development of this emerging industry,” Molinaroli said.