Robert Bosch GmbH and the Korean company Samsung SDI have decided to set up a joint venture to develop, manufacture, and sell lithium-ion batteries. It is planned that the joint venture, which is to be named “SB LiMotive Co. Ltd” and to be headquartered in Korea, will start operations in September 2008. The shareholding of Robert Bosch GmbH will be 50 percent and that of Samsung SDI Co. Ltd. 50 percent – both companies will be equally …

SANYO Electric and German automaker VOLKSWAGEN Group have agreed to start co-development of next generation Lithium-ion (Li-ion) battery systems for Hybrid Electric Vehicles (HEV).

On the agreement, SANYO Company Vice President Mitsuru Honma, said, “We are pleased that Volkswagen has chosen to co-develop next generation Li-ion HEV battery systems with SANYO. Since SANYO and Volkswagen have had a strong relationship in the past with the co-development of Nickel-metal Hydride systems, we look forward to furthering our relationship and …