SB LiMotive Ltd. The company recently negotiated with Volkswagen AG, a German car manufacturer, to supply electric vehicle batteries. By then, lithium ion polymer batteries will be supplied in 2013 for Volkswagen's pure electric vehicles E-UP and other electric vehicles. It is reported that SB LiMotive Ltd. The company is a joint venture company of electric vehicles, batteries, etc. established by South Korea’s Samsung SDI and Robert Bosch GmbH. Customers include BMW AG, Chrysler Group LLC and auto parts suppliers. Delphi.
At present, the company’s monthly capacity for electric vehicle rechargeable batteries is 50,000 units. It is expected that SB LiMotive Ltd will increase its monthly battery production capacity to 400,000 units within the next three years.
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