SB LiMotive, the joint venture of Samsung SDI and Bosch, has secured a contract to supply lithium-ion battery packs for the Fiat 500EV, which will be launched in the US in 2012.

The Fiat 500EV powertrain is comprised of three main systems: a high power electric powertrain module, advanced lithium-ion battery and an EV control unit to manage power flows.

All powertrain engineering and vehicle development will take place at Chrysler Group headquarters in Auburn Hills, Michigan. Vehicle pricing and other specifics will be announced closer to the Fiat 500EV launch.

The battery packs are developed in Orion, Michigan, the battery cells will be produced in Korea, while the packs will be assembled in Springboro, Ohio.