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gm and rivals spark race for new batteries - power storage devices

gm and rivals spark race for new batteries  -  power storage devices

DETROIT (Reuters)-
Major car manufacturers including General Motors (GM. N)touting high-
As for the Profile plan for a new generation of eco-friendly electric vehicles, skeptics have come up with an ongoing rebuttal: Show me the battery.
GM chose LG Chem from South Korea (051910. KS)
Make lithium-
Full ion battery-
Electric Chevrolet Volt, U. S.
Automakers said Monday.
The company is expected to produce the car in Michigan and launch it in November 2010.
New rival BYDyear-
The old Chinese company also said it wanted to start manufacturing in the United States if demand was low. cost lithium-
Ion phosphate batteries take off.
The Chinese company became the focus at the Detroit auto show on Monday, showcasing its plug plan
Pure Electric Vehicles in hybrid and the United StatesS.
And the European market in 2011.
Other major automakers, including Toyota Motor (7203. T)Ford Motor (F. N)
Chrysler used the Detroit auto show to showcase their plans for electric vehicles.
Analysts and green car advocates combined said the announcement showed that the automotive industry began to make the necessary progress in battery technology, thus pushing the first wave of rechargeable electric vehicles like Volt to the road.
Felix Kramer in California said: "I'm really happy that GM and others are going to make these cars and we can start the electric car race now . "
The advocate of electric vehicles and the founder of CalCars. org.
Designed to drive 40 miles a single pen when it goes public next year, volt has become the core of GM's efforts to reinvent itself, at a time when the brutal decline in its domestic market has pushed it to a turning point.
"While we have obviously experienced some difficult things in the past few months, our team, especially our technicians, GM Chief Executive Rick Wagoner, said: "We have been trying to solve the problem of competition in the future. ".
LG Chem will build Volt's batteries at its existing factory in South Korea, and the finished battery pack will be assembled at the GM plant it plans to build in Michigan if it can get the required tax credits.
GM will also invest more than $1 billion to develop its battery production capacity, including plans to build the largest battery production base in the United States, Wagner said. S.
Car battery lab near Detroit headquarters.
Volt battery contracts are closely watched, the first test of an emerging technology that is expected to generate billions of dollars in sales over the next few decades. The 400-pound (181 kg)T-
The molded battery pack is expected to be the most expensive component and the most important component of the Volt.
GM said it would hire about 100 workers at the plant that would build the plant.
The compact power supply awarded to the Volt contract by the LG Chem Division is expected to receive more than $1 billion (
676 billion)
Sales of electric vehicles in the coming years.
The company says its Volt battery will be ready to run for at least 150,000 miles for 10 years.
California start-up company Fisk motor
Up, has accepted more than 1,000 orders, this is a stylish fourdoor, plug-
The car starts at $87,900.
Karma, it will combine 2-
Gas-raising engine with lithium
The ion battery pack is designed to run 50 miles only on battery power and will start production in October.
Fisker, a joint venture between Fisker Coachbuild and Quantum Technologies, plans to sell its 15,000 plug
Sports cars every year. It has 22 U. S.
Dealers have signed up for the sale of the car that will be manufactured by Valmet Motors in Finland.
"I think we are trying to set the tone for the automotive industry, saying the future is not all bad luck and pessimism," Henrik Fisker, founder and chief executive, told Reuters . ".
"Our goal is to get rid of the idea that every time you talk about green cars, it has to be small or underpowered," he said . ".
Other analysts said the touted battery development still showed automakers trying to reach a compromise around the size, scope and cost of power storage devices. BYD’s all-
For example, the electric E6 carries more than 1,300 pounds kilograms (600 kg)of batteries —
A few hundred pounds lighter than the total weight of a smart mini.
Dennis vilage, president of Automotive Consulting Group, said: "I applaud GM and other companies, but I am not looking for a breakthrough technology that can completely change the automotive industry . " It is said that the industry generally promotes electric power.

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