Filed under: EV/Plug-in, Hybrid
In a brief press release (which you can find pasted after the jump) Bosch and Samsung have confirmed they have received the green light from German authorities to work on their project to produce lithium-ion batteries. The joint venture, called SB LiMotive Co. Ltd., will start work next month. Their plan is to produce “highly efficient lithium-ion batteries customized to automotive requirements and to market them worldwide from 2011.” As we mentioned before, Samsung SDI has been producing lithium cells for consumer electronics and power tools while Bosch has expertise in the power electronics and battery management systems. Bosch, especially, has big dreams.
[Source: Bosch/Samsung]
Continue reading Green light for Bosch and Samsung’s joint venture for battery development
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