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Old 6th Jun 07, 05:11 PM
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GM Awards Battery Contracts For Chevy Volt
*Source: DailyTech (http://www.dailytech.com/GM+Awards+B...icle7558.htm)*
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Although there were some previous concerns over the feasibility of General Motors' Chevrolet Volt electric car (http://dailytech.com/Article.aspx?newsid=6622), it appears the company is ready to charge ahead with production. GM is making the necessary steps to ensure that the Volt makes use of best available battery technology to achieve its project goals -- something that Toyota is having a few problems with right now (http://dailytech.com/article.aspx?newsid=7503).

The company announced yesterday that 13 companies sent in proposals regarding the advanced lithium-ion batteries used to power the Volt. When the dust settled, two companies were selected. The first contract was awarded to Compact Power (a subsidiary of LG Chem) while the second contract went to Continental Automotive Systems.

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