3 Articles

LG Chem made it official today. The South Korean manufacturer is moving forward with plans to start production of lithium ion cells in Michigan. LG Chem and its U.S. subsidiary, Compact Power Inc. (CPI), will spend $303 million to build the cell plant in Holland on the west side of Michigan. By 2013, the facility figures to employ over 400 people. Groundbreaking will start this summer with the factory fully operational by 2012. At full production, the plant will have enough capacity to produce c

Hyundai Avante LPI Hybrid - Click above for a high-res image gallery

Hyundai will release its first hybrid vehicle for sale to the general public in 2009, as long as the general public in question lives in Korea. Though the automaker has been testing hybrids for the last few years, only government officials were able to drive the vehicles. According to Hyundai, though, none of the research and development costs for its hybrid drivetrain were paid for through government grants. This information seems much more important after Mark Fields' recent assertion that the