Skip to Content

Win a Samsung 22-inch LCD monitor from Joystiq!

Posts with tag joint-venture

Green light for Bosch and Samsung's joint venture for battery development

Filed under: EV/Plug-in, Hybrid



In a brief press release (which you can find pasted after the jump) Bosch and Samsung have confirmed they have received the green light from German authorities to work on their project to produce lithium-ion batteries. The joint venture, called SB LiMotive Co. Ltd., will start work next month. Their plan is to produce "highly efficient lithium-ion batteries customized to automotive requirements and to market them worldwide from 2011." As we mentioned before, Samsung SDI has been producing lithium cells for consumer electronics and power tools while Bosch has expertise in the power electronics and battery management systems. Bosch, especially, has big dreams.

[Source: Bosch/Samsung]


PSA and Mitsubishi announce joint plant in Russia

Filed under: Diesel, Manufacturing/Plants, Mitsubishi, PSA, Citroen, Peugeot


PSA and Mitsubishi have officially laid the first foundation stone of their €470 million joint plant in Russia, located in Kaluga, 180km south-west of Moscow. The plant, which is being built on a 200 ha plot, is expected to produce 160,000 vehicles per year from 2011. Which models? Basically, Peugeot and Citroën C-Segment cars (current models are the the 308 and the C4) but also a compact SUV/crossover which will be sold under the Peugeot, Citroën and Mitsubishi brands (currently named 4007, C-Crosser and Outlander, respectively). The cars are intended for the Russian market and not scheduled for export. PSA builds some of the most advanced diesel powertrains available, named HDI, which are also installed in Minis and Fords. Russia is also one of the main energy suppliers to the EU. Mitsubishi's full press release after the jump.

Chrysler will sell the Nissan Versa in South America

Filed under: Manufacturing/Plants, Chrysler, Nissan, South/Latin America



Chrysler LLC and Nissan Motor Co., Ltd., have announced that they have reached an agreement in which Nissan will provide Chrysler a car, to be distributed only in South America, based on the Nissan Versa for 2009. This is the second supply agreement between the two automakers, since JATCO, a Nissan subsidiary, has been providing Chrysler transmissions since 2004.

Chrysler's CEO Tom LaSorda stated that it was a good agreement that helps the company maximize their product line without investing in R+D or plants, giving access to the company to new market segments.

The two companies also announced that they are keeping "an open dialog" in order to "explore future opportunities for sharing products".

[Source: Nissan]

Featured Galleries

Find Your Next Car

Sponsored Links