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LG starts building Volt battery plant

LG Chem, part of the Korean giant LG, has outbid Massachusetts-based A123 Systems as the manufacturer of the Chevy Volt battery packs. GM will be acquiring the batteries, 200-300 packs of which are needed for every Volt, through LG Chem subsidiary Compact Power Inc. Compact Power’s CEO Prahbakhar Patil asserts that there exist no obstacles that might halt the manufacturing process.
LG Chem plans to eventually build the batteries in the US, as we discussed in our 2009 Auto Show video coverage.
[Source: GM-Volt]
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