Profile: Li-ion Provider Compact Power, Inc. Focusing on the Automotive and Vehicle Markets
Green Car Congress
FEBRUARY 19, 2009
CPI) shortly after GM selected CPI and its parent LG Chem as the provider for the Li-ion batteries for the Extended Range Electric Vehicle (E-REV) Chevy Volt. (GM CPI, established in 2001, is a wholly-owned subsidiary of LG Chem of Korea. billion, and spends $60 million annually on Li-ion battery research and development.
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