6 Articles
Samsung and Bosch to put $409 million into SB LiMotive battery plant

SB Li Motive, the Bosch Samsung lithium ion battery joint venture, has announced that it will put $409 million into its manufacturing facilities over the next five years. The company has big plans, hoping to grab nearly a third of the automotive battery market by mid-decade. Bosch is the biggest automotive supplier in the world and produces parts for almost every automaker. However, SB LiMotive is competing with quite a few companies in the lithium battery space, many of which are partnered with

SB LiMotive to supply batteries for BMW Megacity electric car

BMW is one step closer to getting its upcoming Megacity electric vehicle on the road. According to the German automaker, SB LiMotive, a 50:50 joint venture of Bosch and Samsung SDI, has been officially selected as the battery supplier for the Megacity project. Samsung, which is already a market leader in batteries for personal electronics applications, will reportedly deliver the individual lithium

Bosch-Samsung battery venture buys Cobasys

Cobasys, after being offered for sale by its previous owners for over two years has, finally been sold. Energy conversion Devices and Chevron had jointly owned the battery which supplied the energy storage system for the EV1 (pictured) as well as the nickel metal hydride batteries f

Bosch-Samsung JV, SB LiMotive Co. Ltd officially starts operations

On Monday September 1, SB Li Motive Co. officially went into business with the goal of producing automotive grade lithium ion batteries by 2011. The company is a joint venture between Bosch and Samsung SDI. Samsung SDI already has experience with consumer electronics batteries and Bosch will work with the Korean company to develop batteries suitable for hybrid and electric vehicles. Bosch is already producing electric drive motors that will be used in the new Mercedes-BMW mild hybrid system that

Green light for Bosch and Samsung's joint venture for battery development

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 requirement