Compact Power, a Michigan subsidiary of South Korea’s LG Chem, is starting to look like the player to beat in the competition to supply lithium-ion cells and battery packs for electric vehicles, having bagged deals with General Motors, Eaton and Ford. Read More »
Cleantech
President Obama’s visit to Smith Electric Vehicles in Kansas City, Mo. last week was just a warm-up for what’s shaping up to be a full-on electric car and battery offensive by the White House this week. Read More »
Battery startup A123Systems was on a roll in 2008: It went into the year with a fresh round of capital (funds totaled $132 million in October 2007) and by May seemed to be headed for an IPO. But less than two weeks into… Read More »
General Motors has contracted Compact Power, a Michigan subsidiary of Korea’s LG Chem, to supply lithium-ion polymer battery packs for its electric Chevrolet Volt. GM CEO Rick Wagoner announced the plan this morning at the Detroit Auto Show after more than a year… Read More »
