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gm to announce volt battery supplier monday - 3.7 volt lithium ion battery

gm to announce volt battery supplier monday  -  3.7 volt lithium ion battery

DETROIT (Reuters)-
General Motors Corporation (GM. N)
Will be announced as all-
The automaker's product development director said the electric Chevrolet Volt was on Monday.
GM Chief Executive Rick Wagoner will announce the company's choice to supply lithium.
GM Vice Chairman Bob Lutz told reporters at the Detroit auto show Sunday that Volt's ion battery.
Two suppliers have been trying to provide lithium.
Volt is a much-anticipated rechargeable car that GM plans to start production in November 2010.
Designed to run 40 miles on battery only, Volt has become the core of GM's attempt to reshape its product line and focus on developing more fuel --
Efficient vehicle.
Volt battery contracts are also closely watched, the first test of an emerging technology that is expected to generate billions of dollars in sales over the next decade.
A unit of LG chemistry in South Korea (051910. KS)
Has been competing with ties.
German automobile parts supplier Continental Corporation (CONG. DE)
Battery for Volt.
"We believe the Volt battery will work and achieve its life goals," Lutz said . ".
Prior to Monday's announcement, he declined to disclose the name of GM's chosen supplier.

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