GM Picks LG Unit to Power Chevy Volt?

Moresco, Justin
October 2008
Red Herring;10/23/2008, p4
Trade Publication
The article reports that U.S. automobile maker General Motors (GM) has selected batteries from Compact Power to power Chevy Volt, GM's first plug-in hybrid vehicle which is scheduled to be released in November 2010. It states that the selection would end the battle to invite GM between LG Chem's Compact Power and a partnership between U.S.-based A123Systems and Germany's Continental. It notes that Compact's selection would be significant because the Chevy Volt is scheduled to be one of the first plug-in hybrid vehicles in mass production.


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