The reports were spot on. The LG Chem battery plant in Holland, MI – which was intended to make batteries for the Chevrolet Volt plug-in hybrid, but has not yet started production – is not only furloughing its 200 employees, those breaks are "extending and expanding," according to reports on local TV news station WZZM 13, citing statements from the company. The rolling furloughs started April 30.
Michigan Gov. Jennifer Granholm recently announced that LG Chem will expand the state's lithium-ion supply chain by constructing an electrolyte production facility alongside the battery maker's $303-million facility in Holland, MI. The 600,000 square-foot battery cell plant is already under construction and LG Chem expects it to be fully operational in 2012. The electrolyte production plant is in the early design stage and LG Chem is expected to make a more formal progress announcement in the we
GS Yuasa, Mitsubishi Corporation and Mitsubishi Motors launched a joint venture (JV) back in 2007 to manufacture lithium-ion batteries for the i-MiEV. Those batteries have been produced and the vehicle, that diminutive i-MiEV, is now available for purchase in some countries. While Mitsubishi's battery-powered plans may have began with the i-MiEV, the company's future is filled with more electric dreams.