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bosch samsung joint venture


Bosch and Samsung to team up on battery development

German supplier Bosch recently made clear its intentions to challenge the Japanese for dominance in the world of hybrid and electric drive systems and those plans are moving ahead. Bosch Automotive CEO Bernd Bohr indicated in mid-May that the company would be partnering with another supplier to produce automotive-grade lithium ion cells. It now turns out that Samsung SDI will be forming a new joint venture with Bosch called SB LiMotive Co. Ltd. The new company will set up shop in South Korea with operations expected to start in September of ... Read more →

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