LG Chem scores four year battery supply deal with Eaton
LG's latest deal is with Eaton Corp, which has developed a hybrid system for use on medium and heavy duty vehicles, things likes delivery vans and school buses. Eaton currently supplies 90 percent of current commercial applications in the U.S. and several new applications have recently been announced including the Freightliner EcoFred motorhome chassis.
LG's four-year deal with Eaton will apparently result in an expansion of the pack assembly line at LG Chem's Troy, MI subsidiary, Compact Power Inc. (CPI). CPI is also supplying the PHEV packs to GM from that facility.
[Source: Korea Times]
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