General Motors has decided to manufacture its own battery packs for its new electric vehicle, the Chevy Volt.
"GM is getting back in the battery business," CEO Rick Wagoner announced Monday.
The company also announced Monday that it has chosen LG Chem to provide the lithium-ion cells for the battery packs GM plans to manufacture.
GM announced in September that it had chosen a battery supplier, but would not reveal which company that was. LG Chem and A123Systems have long been involved in the development of the lithium-ion cells for the Volt's E-Flex electric drive train. While … Read more