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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 →

LG Chem/CPI reportedly chosen to power the first production Volt Sam Abuelsamid

According to a Reuters report, General Motors has chosen Troy, MI-based Compact Power Inc. as the supplier of battery packs for the initial production run of Chevrolet Volts. Compact Power is a ...

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 ...

As the rumor mill turns: GM says no battery supplier decision made, Compact Power declares themselves ready Domenick Yoney

More fodder for the rumor mill has arrived in the form of conflicting statements. When last we visited the set of the soap opera we call "the contest to be the battery supplier for the Volt", GM's new ...

Volt battery supplier Compact Power profiled Sam Abuelsamid

Compact Power Inc. is one of the two companies that last week was awarded development contracts to produce batteries for the prototype Chevy Volts. CPI is a relatively new company in the US but they ...


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