30 Mar '15, 8am

#LGChem to supply #EV batteries to #Daimler for new smart EV

LG Chem to supply EV batteries to Daimler for new smart EV 30 March 2015 Daimler AG has selected LG Chem as the supplier of lithium-ion batteries for the smart EV that will be newly launched in 2016. Under the contract, LG Chem will provide battery cells to smart EV; Daimler will assemble the cells into the vehicle packs. By signing a supply contract with Daimler, LG Chem has become the world’s biggest automotive battery supplier, having at least 13 global automakers among the top 20 global brands. In addition to Daimler, top automakers Volkswagen, Ford, Hyundai, Renault, Audi, Chevrolet, Kia, and GM use LG Chem batteries for EV applications. In November 2014, Daimler announced that it would cease production of Li-ion battery cells at its Li-Tec subsidiary in December 2015. At the time, Daimler manager Harald Kröger said that “Our cells are very good, but at current produc...

Full article: http://www.greencarcongress.com/2015/03/20150330-lgchem.html

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