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    lithium investing

    SK Innovation to supply batteries to Mercedes-Benz

    Written by Investing News Network
    |
    Feb. 09, 2011 02:42PM PST

    Reuters reports that South Korea’s SK Innovation said on Wednesday that it will supply lithium-ion batteries for electric vehicles of Mercedes-Benz AMG.

    Reuters reports that South Korea’s SK Innovation said on Wednesday that it will supply lithium-ion batteries for electric vehicles of Mercedes-Benz AMG.

    The market news is quoted as saying:

    “SK Innovation has an agreement with Mercedes Benz AMG to supply batteries for electric vehicles,” the parent of top South Korean crude refiner SK Energy said in a stock market filing.

    The batteries would be used in the SLS AMG E-Cell supercar, unveiled by Daimler in Detroit in January, the filing said, adding that supply dates and volumes would be discussed later.

    Click here to access the entire market news.

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