LG Chem

  • Ford Charges Up With Compact Power Batteries

    Ford Charges Up With Compact Power Batteries

    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… Read More

  • Higher battery prices caused by fire at LG plant

    Higher battery prices caused by fire at LG plant

    A fire at LG Chem in South Korea on March 3rd has contributed to a worldwide notebook battery shortage, according to Reuters. Asustek is expected to be hardest hit, as the shortage “could affect up to 40 percent of second-quarter shipments” from Taiwan’s second-largest PC maker. A Dell spokesperson acknowledged the shortage today and has blamed it for recent replacement… Read More