Earlier this year, A123 Systems pulled out of a deal with Chrysler to supply battery packs for the electric version of the Fiat 500 hatchback. Chrysler has now confirmed that SB LiMotive, a joint venture between Samsung SDI and Bosch, will supply battery packs for the electric compact, which will be launched in the United States in 2012.
A123 Systems said in August that it expected a competitor to provide the batteries at a lower price and that the volumes planned had been “significantly diminished.”
The Fiat 500 is made up of made up of a high power electric powertrain module, advanced lithium ion battery, and an EV control unit to manage power flows. Chrysler is overseeing development of the Fiat 500 Electric and the powertrain engineering in Auburn Hills
“Chrysler indicated that SB LiMotive earned this business because we can supply high-quality lithium-ion battery packs in the quantities needed on-time to the market,” said Joachim Fetzer, executive vice president of SB LiMotive, in a statement.
The gasoline powered version of the Fiat 500 will go on sale later this year in Sport, Pop and Lounge models, followed by the Fiat 500C (convertible) in the spring of 2011.
2011 Fiat 500 (North America):
– By: Omar Rana
Source: Detroit News