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Bosch and Samsung: Alliance partners start battery production

Bosch and Samsung
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E rster The customer of SB Limotive, as the joint venture is called, is BMW. The batteries will be produced for the planned purely electric Megacity Vehicle from the Munich-based company.

Batteries for 180,000 electric cars by 2015

Bosch boss Franz Fehrenbach said at the opening of the factory that the entry into The development and production of lithium-ion battery cells are used as an opportunity to help shape the mobility of the future. Around 1,000 jobs are to be created in the new factory over the next few years. By 2015, SB Limotive wants to ramp up cell production to a good four gigawatt hours per year - roughly equivalent to the needs of 180,000 electric vehicles. The automotive supplier Bosch and the conglomerate Samsung want to jointly invest around 500 million dollars in the battery company by 2013.

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