Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes
Green Car Congress
SEPTEMBER 3, 2010
In addition to supplying technology to Novolyte, Foosung will invest approximately $30 million in the joint venture and contribute a future lithium salt plant. —John Televantos, a Partner at Arsenal Capital, an investor in Novolyte since 2008. Foosung Co., Novolyte is contributing its energy storage business to the joint venture.
Let's personalize your content