GM Awards Development Battery Contracts

General Motors recently awarded two contracts for advanced development of Li-ion batteries for its electric drive “E-Flex System.” GM chose the companies out of 13 technical proposals to provide advanced lithium batteries for both range-extender electric and fuel cell variants of the E-Flex architecture of the Chevy Volt concept car.

One contract will go to Compact Power Inc. (CPI) of Troy, Michigan, a subsidiary of Korean battery manufacturer LG Chem. A second contract has been awarded to Continental Automotive Systems based in Germany, a division of Continental A.G., a tier one automotive supplier that will develop Li-ion battery packs.