DOE Inspector General review finds automotive Li-ion battery maker LG Chem Michigan misused Recovery Act funds; DOE management, low market demand contributory
Green Car Congress
FEBRUARY 15, 2013
Among the objectives was the production of enough battery cells annually to equip 60,000 electric vehicles by the end of 2013, with assembly beginning in 2012. LG Chem Michigan officials made that decision even though demand for the Chevrolet Volt averaged 1,955 vehicles per month in 2012.
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