SB LiMotive, the 50:50 joint venture between Bosch and Samsung SDI, fired up the lines at its Ulsan, South Korea lithium-ion battery plant back in January of 2011. With massive "volume projects" already in the works, the Korea Times reports that SB LiMotive will, come 2015, double its li-ion battery output in Ulsan. That means that SB LiMotive's facility in South Korea will crank out enough batteries a year to power some 180,000 plug-in vehicles.
Li Ion Battery Production
SB LiMotive, a joint company of Bosch and Samsung SDI, fired up the lines at its Ulsan, South Korea lithium-ion battery plant back in January, but with more "volume projects" in the works, the Ulsan facility could struggle to pump out enough batteries to meet rising demand.
Chinese-based Shanghai Automotive Industrial Corporation (SAIC) is looking to strike a three-way lithium-ion battery deal with Samsung SDI and Robert Bosch GmbH. The trio is reportedly in advanced discussions and there are only a few minor details left to work out. Bosch executive vice president Roland Ehniss told Reuters that, "We are in the final stage." The joint venture is apparently eying a li-ion battery production site somewhere in China and hopes to start production by 2012.
UK-based Axeon, Europe's largest independent supplier of lithium-ion battery systems, has raised an additional £5 million ($7.8 million U.S. at the current exchange rate) in equity to support its expansion goals. The funding, though not substantial enough to allow the company to accomplish all of its goals, should help Axeon expand its electric vehicle (EV) technology development centers in Europe and kick off the early stages of planning a lithium-ion production facility in North America.