LG Chem to Supply Batteries to Ford
LG Chem has won a deal to supply lithium-ion batteries to Ford for the electric version of the Focus that will hit showrooms in 2011, LG said Wednesday.
The Ford Focus is an electrically powered car that can travel up to 160 km on one charge. LG Chem, which was also picked by GM to make batteries for the Chevrolet Volt, has now been contracted to supply the two largest automakers in the U.S. Ford plans to manufacture an electrically powered minivan as well as a plug-in hybrid vehicle.
LG Chem is investing US$300 million to build a lithium-ion battery plant in Holland, Michigan, which is still under construction. U.S. President Barack Obama plans to visit the groundbreaking ceremony on Thursday.
The Ford Focus is an electrically powered car that can travel up to 160 km on one charge. LG Chem, which was also picked by GM to make batteries for the Chevrolet Volt, has now been contracted to supply the two largest automakers in the U.S. Ford plans to manufacture an electrically powered minivan as well as a plug-in hybrid vehicle.
LG Chem is investing US$300 million to build a lithium-ion battery plant in Holland, Michigan, which is still under construction. U.S. President Barack Obama plans to visit the groundbreaking ceremony on Thursday.
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