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GM to Manufacture Own Lithium-Ion Batteries in U.S. and Crea

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Uploaded by on Jan 13, 2009

Rick Wagoner, GM Chairman and CEO (Source: General Motors - Global)
On projected demand for battery cells in automobiles GM to Manufacture Own Lithium-Ion Batteries in U.S. and Create New "Green" Jobs [Source: General Motors - Global ] General Motors announced at the Detroit Auto Show that the advanced lithium-ion battery technology needed to power cars such as the Chevy Volt will be produced in the U.S. Their facility will be the first lithium-ion battery manufacturing plant operated by a major automaker in the U.S., and it is expected to create new "green" jobs. GM commitment towards the Chevy Volt alone now exceeds one billion dollars. CEO Rick Wagoner was on hand to make the announcement and introduce LG Chem as the partner that will be supplying the lithium-ion cells for the Volt battery pack. Available video includes soundbites from GM CEO Rick Wagoner, LG Chem CEO Peter Kim, and general views from the Detroit Auto Show as well as the Chevy Volt.

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