South Korea: SB LiMotive to expand battery output

According to a Wall Street Journal (WSJ) report, SB LiMotive, the 50:50 joint venture between Samsung SDI and Robert Bosch, will invest US$500m by 2013 to add one or two more car-battery production lines in Korea. A company spokesman was also reported to have said that the joint venture may also Subscribe to Automotive World … Continued

• By Webmaster
• April 12, 2011