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LG chem battery cells to power chevrolet volt

LG Chem, Ltd. announced as the lithium-ion polymer battery cell supplier for GM’s Chevrolet Volt. The Volt, scheduled to be launched in late 2010, will be the first mass-produced extended-range electric vehicle. LG Chem will be the production source for the battery cells, and Compact Power Inc., North American Subsidiary of LG Chem, will build battery packs for Volt development vehicles until GM’s battery facility is operational.