Tag: joint venture
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Bosch, Samsung joint venture SB LiMotive to be disbanded
It seems that SB LiMotive, the joint venture between Samsung SDI and Bosch is coming to an end. The project was supposed to produce lithium-ion batteries for electric-drive vehicles, but it seems that Bosch wants to go at it alone. In a press release provided by Bosch, the “reorganization” will terminate the venture upon completion…