German automobile components supplier Continental AG and South Korea's SK Innovation Co Ltd strategy to invest numerous hundred million euros in a joint venture establishing lithium-ion battery technologies for electric cars, an executive mentioned.
Robert Lee, the joint venture's chief executive, mentioned the 1st contract from an automotive client was anticipated by the end of this year, or by the first quarter of 2013 at the most recent.
"We expect to produce our 1st revenue in 2015 and
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