Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes
Green Car Congress
SEPTEMBER 3, 2010
The US-based new joint venture entity will retain the Novolyte Technologies name and will be managed by Novolyte’s current management team from its existing Cleveland headquarters. Foosung Co., Novolyte is contributing its energy storage business to the joint venture. Novolyte received in 2009 a $20.6-million
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