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General MotorsGM Taps LG Chem for Chevy Volt BatteryGM Taps LG Chem for Chevy Volt Battery
General Motors Corp. selects South Korea's LG Chem Ltd. and its Compact Power Inc. subsidiary in Troy, MI, to supply lithium-ion cells for the Chevrolet Volt extended-range electric vehicle. GM also will locate a plant in Michigan to assemble the cells into the t-shaped battery pack for the Volt, pending the approval of state incentives. GM is back in the battery business, says GM Chairman and CEO