But GM ultimately picked a larger and more seasoned lithium-ion battery maker, LG Chem.
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President Barack Obama is visiting the western Michigan town of Holland Thursday for the groundbreaking on the latest factory: Compact Power, a subsidiary of Korean battery maker, LG Chem.
Something which is already evident in the agriculture sector, where the farmers may be independent farmers but are relentlessly on the leash to agro-chem firms.
Its batteries were also being considered for the Volt, but GM eventually picked ones made by LG Chem, a South Korean firm.
Ignoring accounting benefits, Accelrys will still need to prove to investors that it can extract value from being the early leader in chem-informatics and nanoscale modeling and simulation software.
Mr. Friedman's report said that while LG Chem had said it planned to move battery production to Michigan from South Korea, there was no explicit requirement for it to do so in order to receive federal funds.
The chem-bio protection, however, was a weak area in testing.
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The new battery from LG Chem has a longer life of 800 cycles, a significant improvement over existing mobile phone batteries.
Other electric vehicle suppliers, including battery makers LG Chem and A123, are also investing in Michigan, with help from federal and state incentives.
Lastly, LG Chem developed a high-density 2, 100mAh battery that provides more power capacity and prolonged charging cycles.
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For instance, LG Chem Michigan officials told us that they made a decision to delay production of battery cells at the Michigan facility.
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