SB LiMotive Co., a 50:50 joint venture between South Korea's Samsung SDI Co. (006400.SE) and Germany's Bosch, will supply lithium ion batteries to Delphi Corp. (DPH) from 2012 in a 10-year contract, Samsung SDI said Tuesday.

Delphi will use the batteries in battery packs and propulsion systems which will equip hybrid commercial trucks and buses, Samsung SDI said in a statement.

It didn't provide the contract value.

-By Kyong-Ae Choi, Dow Jones Newswires; 822-2198-2236; kyong-ae.choi@dowjones.com
Delphi (NYSE:DPH)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Delphi Charts.
Delphi (NYSE:DPH)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Delphi Charts.