Comments on: BREAKING: Has LG Chem/Compact Power Been Chosen to Supply the Chevy Volt Battery Pack?

By: Tagamet

Tagamet — Mon, 09 Jun 2008 15:49:48 +0000

Leon@113

I agree that the for at least first few years, the Volt will “sell out”. I’d love to know, however, about “THE LIST” you mention.

By: BestTimesNow

BestTimesNow — Mon, 09 Jun 2008 10:46:05 +0000

I doubt it’s been awarded, ready to suppy, is not the same as, we have an order.

LG Chem was up 3.5% overnight, on the speculation of the news.

http://in.reuters.com/money/quotes/quote?symbol=051910.KS

By: bruce g

bruce g — Mon, 09 Jun 2008 09:28:54 +0000

LG Chem is mostly owned by an investment bank I believe.
Hard to know who owns the balance.
LG?

By: Glen

Glen — Mon, 09 Jun 2008 06:00:32 +0000

I still think that it is going to be A123. Their Partner Continental AG has stated work on a battery / ultracap unit. Combined with the recent hints of GM looking at using ultracaps it makes me think that the Volt will have them….

“Maxwell announced last month that Continental AG, one of the world’s leading automotive electronics and mechatronics suppliers, has designed BOOSTCAP ultracapacitors into a major automaker’s electrical system stabilization system that is expected to go into full-scale production in the second half of 2009 for a 2010 model. Last year, the company announced
ultracapacitor supply relationships with Valeo, another leading global Tier 1 automotive supplier, and Mercedes Car Group, for their respective hybrid auto development programs.”

http://www.maxwell.com/news-events/release.asp?PRID=263

By: Leon

Leon — Mon, 09 Jun 2008 05:34:14 +0000

Yes, first year Volt will be between $40-$43k, with 10,000 already sold. Almost nobody on this forum will be buying one. THE LIST is already set for the first year. The second year, when volume kicks in, price should be lower. The big unknown is how much DEALER MARKUP will GM allow ???