Johnson Controls 2014 Annual Report Download - page 14
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14
impact of potential increases in lithium-ion battery volumes on established lead-acid battery volumes as lithium-ion battery
technology grows and costs become more competitive; financial instability or market declines of our customers or suppliers; slower
than projected market development in emerging markets; interruption of supply of certain single-source components; changing
nature of our joint ventures and relationships with our strategic business partners; unseasonable weather conditions in various parts
of the world; increasing global environmental and safety regulations related to the manufacturing and recycling of lead-acid
batteries, and transportation of battery materials; our ability to secure sufficient tolling capacity to recycle batteries; price and
availability of battery cores used in recycling; and the lack of the development of a market for hybrid and electric vehicles.
ITEM 1B UNRESOLVED STAFF COMMENTS
The Company has no unresolved written comments regarding its periodic or current reports from the staff of the SEC.