GM Picks LG Chem To Power The Volt | January 19, 2009 Issue - Vol. 87 Issue 3 | Chemical & Engineering News
Volume 87 Issue 3 | p. 30 | Concentrates
Issue Date: January 19, 2009

GM Picks LG Chem To Power The Volt

Department: Business
The Chevy Volt will run on lithium-ion batteries.
Credit: General Motors
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The Chevy Volt will run on lithium-ion batteries.
Credit: General Motors

General Motors has chosen the South Korean firm LG Chem and its Michigan-based subsidiary Compact Power to supply lithium-ion battery cells for the Chevrolet Volt plug-in hybrid car. GM CEO Rick Wagoner made the announcement at last week's Detroit auto show, saying the automaker hopes to manufacture battery packs in Michigan and open a battery lab in the state. Losing contender A123 Systems, a Massachusetts company, earlier announced an interest in building battery plants in Michigan to supply other automakers, including Chrysler.

 
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