Samsung-Bosch JV to supply car batteries to Delphi

SEOUL Dec 8 (Reuters) - SB LiMotive, a car battery joint venture between South Korea's Samsung SDI (006400.KS) and Germany's Robert Bosch [ROBG.UL], has agreed to supply U.S. auto parts maker Delphi with batteries for hybrid commercial vehicles.

Samsung SDI said in a statement on Tuesday that under the exclusive 10-year deal, SB LiMotive would sell lithium-ion batteries for buses and trucks from 2012. No financial details were disclosed.

Delphi, which emerged from a four-year bankruptcy in October, would use the batteries in its battery packs and propulsion systems, Samsung SDI said.

SB LiMotive is set to start production of hybrid and pure electric vehicle batteries in 2011 from a plant under construction in Ulsan, South Korea. It is also in a deal to supply batteries for BMW's (BMWG.DE) Megacity project. (Reporting by Rhee So-eui; Editing by Chris Lewis)