· Supply of lithium-ion battery packs marks first step for SB LiMotive to the U.S. EV market
· Battery supplier for the first commercial electric vehicle program of Chrysler LLC and the Fiat Group
· Production on the all-new full electric vehicle to begin in 2012
SB LiMotive, the joint venture of Samsung SDI and Bosch, has been awarded the business to supply the lithium-ion battery packs for the Fiat 500EV, which will be launched in the U.S. market in 2012.
The Fiat 500EV, which demonstrates the benefits of the Chrysler and Fiat alliance, will be an environmentally friendly, clean, and quiet vehicle for the U.S. subcompact passenger car market.
The Fiat 500EV powertrain is comprised of three main systems: …