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LG Chem to Build $300-Million Advanced EV Battery Plant in Michigan

A new report is indicating that LG Chem is moving forward with plans to be build a $300 million advanced battery plant in southwest Michigan in the near future. The plant will be used to build lithium ion cells for automotive applications. Although LG Chem has yet to publicly announce anything, the plant is expected to supply cells for use in the Chevrolet Volt as well as the other upcoming plug-in hybrid from GM. This summer, GM announced and then canceled plans to build a new PHEV crossover for Buick based on the outgoing Saturn Vue. ... Read more →

Possible reasons A123 lost the Chevy Volt contract Jeremy Korzeniewski

As we reported a few months back, all signs point to Compact Power, a subsidiary of LG Chem, being awarded the big initial battery contract for the upcoming Chevy Volt. Why? There are some obvious ...

Compact Power Inc. gets PHEV development contract from USABC Sam Abuelsamid

Compact Power Inc is on something of a roll lately. They and parent LG Chem of South Korea have reportedly won contracts supply lithium ion batteries to Hyundai/Kia for upcoming hybrid models and are ...

Lithium Ion batteries still have a lot of problems waiting for answers Sam Abuelsamid

Prabhakar Patil was in charge of Ford's hybrid vehicle operations from 1998 to 2003 and is now CEO of a start-up called Compact Power Inc. Compact Power is developing lithium-ion batteries for hybrid ...

LG Chem to Build $300-Million Advanced EV Battery Plant in Michigan 28 days ago on Autoblog Green

A new report is indicating that LG Chem is moving forward with plans to be build a $300 million advanced battery plant in southwest Michigan in the near future. The plant will be used to build lithium ion cells for automotive applications. Although LG Chem has yet to publicly announce anything, ...

Possible reasons A123 lost the Chevy Volt contract 12 months ago on Autoblog Green

As we reported a few months back, all signs point to Compact Power, a subsidiary of LG Chem, being awarded the big initial battery contract for the upcoming Chevy Volt. Why? There are some obvious reasons, including that Compact Power was able to get its battery packs to the General a full two ...

Compact Power Inc. gets PHEV development contract from USABC 1 year ago on Autoblog Green

Compact Power Inc is on something of a roll lately. They and parent LG Chem of South Korea have reportedly won contracts supply lithium ion batteries to Hyundai/Kia for upcoming hybrid models and are rumored to be the front runner to the supply contract for the production Chevrolet Volt. CPI's ...

Lithium Ion batteries still have a lot of problems waiting for answers 2 years ago on Autoblog Green

Prabhakar Patil was in charge of Ford's hybrid vehicle operations from 1998 to 2003 and is now CEO of a start-up called Compact Power Inc. Compact Power is developing lithium-ion batteries for hybrid vehicles and is a division of Korean company LG Chem. As anyone with a laptop from Dell, Apple or ...


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