Li-ion battery plant coming to Michigan

  • 01-Apr-2010 05:46 EDT

Among LG Chem’s customers will be General Motors for the Chevy Volt extended-range electric vehicle. (GM)

LG Chem Ltd. has announced that it will build a $303 million lithium-ion battery manufacturing facility in Holland, MI. At its peak, the plant will produce enough cells for 50,000 to 200,000 vehicle battery packs. LG Chem estimates that more than 400 jobs could be created by 2013, and many of the people will be hired and trained in advance of the plant being operational. Scheduled for groundbreaking this summer, the 650,000-ft² (18,000-m²) facility will be financed in part from a $151.4 million grant the company received from the U.S. Department of Energy as part of the Recovery Act Award for Electric Drive Vehicle Battery and Component Manufacturing Initiative. LG Chem will make a $151.5 million investment in the facility. The company said it expects the plant to be fully operational in 2012. Initially, the plant will make cells for the Chevrolet Volt from General Motors Co. The plant will be operated by LG Chem’s North American subsidiary, Compact Power Inc.

HTML for Linking to Page
Page URL
Rate It
4.60 Avg. Rating

Read More Articles On

A new version of the LG Chem Z.E. 40 battery delivers nearly double the energy density of its predecessor.
Schaffler Group engineers stepped 'out of the box' to develop a new type of e-vehicle aimed at transporting people and goods within the crowded cities of the future
Ford's plan to test its new Transit Custom plug-in hybrid (PHEV) vans in London is part of a project designed to help improve city air quality.
After three years of co-developing a new-generation fuel cell stack aimed at light vehicles, military, aerospace and other applications, Honda and GM have announced the establishment of Fuel Cell System Manufacturing LLC—the industry’s first joint venture for fuel-cell production.

Related Items

Training / Education
Training / Education
Training / Education