JV targets up to 15% share of global Li-ion battery market by 2015.
LONDON – Production is under way at a new $430 million joint Sino-Russian plant described by its owners as the world’s largest high-capacity lithium-ion battery factory. The plant, Liotech, is a joint venture between China’s Thunder Sky and the state-owned Russian Corporation of Nanotechnologies (Rusnano), with Thunder Sky owning 50.1% and Rusnano 49.9%. Liotech produces three battery types destined mainly for the electric-transport and energy-supply industries. Plant ...
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