Ford said recently that South Korea’s LG Chemical has selected U.S. energy companies (LG Chem’s US unit Compact Power Inc), a wholly owned subsidiary Compact Power Inc. In 2011 the supply of small electric cars for the Fox battery.
Ford said, Compact Power for Fox, lithium-ion battery electric vehicle assembly (lithium-ion battery) group. It is understood that the same as the Japanese car giant General Motors is chosen Compact Power as its new Chevrolet Volt electric vehicle (Chevrolet volt) supply of batteries VGP-BPS13B/B , VGP-BSP13/S .
According to the plan, LG is Fox’s first battery electric vehicle supply LG Chemical in Korea branch of production, after the battery production plant in Michigan. It is reported that Ford plans to manufacture the original SUV plant in the United States, Michigan Fox electric vehicles. Not only that, Ford also said the new plant in Michigan, the traditional vehicle fuel Fox.
It is reported that, as early as January of this year, South Korea, “Daily Economic News”, once the author reported that South Korea’s LG Chemical will supply the Ford Motor Company hybrid rechargeable batteries, estimated annual sales will reach 500 billion won (about U.S. 447 million U.S. dollars).
South Korea’s “Daily Economic News” quoted as saying that LG Chemical executives, Ford’s car sales will determine the company’s sophisticated battery sales. LG executive said: “Ford of the agreement between us and the size and condition with similar and common.” LG Chemical’s U.S. subsidiary has reached agreement with General Motors, VGP-BPS8 , VGP-BPS8A will GM Chevrolet Volt plug-in hybrid vehicles supply the next generation of lithium batteries. In 2009, LG Chemical, once announced, will be in the next four years to invest in electric car battery factory one trillion won to improve the company’s operating income, hoped that its battery business by 2015 to achieve two trillion won of the total revenue. Moreover, LG Chemical Company in 2009, he said, will be Hyundai’s auto parts maker Hyundai Mobis Company (Hyundai Mobis Co) formed a joint venture Sony battery .
