“Our selection of LG Chem was based on performance, production readiness, efficiency, durability and LG Chem’s demonstrated track record of exceptional quality,”
Source: domain-b.com
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Geneva, December 11,2008 – STMicroelectronics (NYSE: STM), one of the world’s leading semiconductor suppliers, and LG Chem, the largest Korean chemical company, have unveiled details of a new automotive battery pack that significantly extends the potential of electric and hybrid electric vehicles (HEVs), reducing both petrol consumption and CO2 emissions. The new battery pack combines LG Chem’s lithium ion (Li-ion) battery technology and with a state-of-the-art battery management chip manufactured by ST. [...] Reuters is now reporting that Korea’s LG Chem and its US subsidiary Compact Power Inc, has won out over the team of Continental and A123 Systems. |
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