Financial Times FT.com

LG wins race to power GM’s plug-in car

By John Reed in Detroit

Published: January 12 2009 20:34 | Last updated: January 12 2009 20:34

General Motors has chosen South Korea’s LG Chem over a consortium led by Germany’s Continental to supply lithium-ion battery cells for its Chevrolet Volt plug-in electric car.

GM said it would begin building a plant in Michigan this year to produce the batteries and start their production in 2010, when it plans to launch the Volt.

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