Ford‘s 2011 Focus Electric will run on Compact Power Inc.’s lithium-ion battery, the company announced today. The batteries will initially be made in South Korea at CPI’s parent company, LG Chem, with plans to start manufacturing at a new $300 million site in Holland, Mich. in 2012.
The Focus Electric will be a full battery electric passenger car made at Ford’s Michigan Assembly Plant, which used to mainly produce large SUVs. The Focus Electric is expected to travel up to 100 miles with zero tailpipe emissions. Ford said it plans to have five electric car models on the roads by 2012.
Compact Power also makes batteries for General Motors‘ Chevrolet Volt plug-in hybrid, due out later this year.
Ford Motor Company designs, develops, manufactures, and services cars and trucks worldwide. It operates in two sectors, Automotive and Financial Services. The Automotive sector sells vehicles under Ford, Mercury, Lincoln, and Volvo brand names. This sector markets cars, trucks, and parts through retail dealers in North America, and through distributors and dealers outside of North America. It also sells cars and trucks to dealers for sale to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies,...
About LGCPI LGCPI is a North American subsidiary of LG Chem Ltd., one of the world’s largest producers of lithium-ion batteries for automotive (Hybrid Electric Vehicles - HEVs) and non-automotive (commercial, military, conversion, and portable equipment) applications. As such, the company has accumulated expertise in the development of safe, high-power/high-energy, compact, and lightweight lithium-ion battery systems. LGCPI was formed in 2000 in the United States with a mission to become the supplier of choice for state-of-the-art lithium-ion battery technology for automotive...
The LG Group is South Korea’s third largest conglomerate that produces electronics, chemicals, and telecommunications products and operates subsidiaries like LG Electronics, LG Telecom, Zenith Electronics and LG Chem in over 80 countries.
Seattle, WA
San Diego, CA
Menlo Park, CA
Boston, MA
Berlin, Germany
San Francisco
