Jan 29
Written by: Aaron Turpen 456 views
Published on January 29th, 2009 in Electric Cars
The South Korean company LG Chem has penned a deal with General Motors to build lithium-ion batteries for the Chevy volt until the end of 2015. The company will be setting up a new production line at its Ochang, S. Korea plant for the deal.
LG is already providing batteries for local, Korean hybrids and possible future all-electrics there as well. LG predicts that the HEV and EV market will be growing by 47% annually to be worth $2.3 billion in 2012.
Source: Google
Tags: battery, chevy volt, electric car, general motors, LG Chem, volt
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