

According to Yonhap, Korean company LG Chem – maker of batteries for fan faves like the Korean-market Hyundai Elantra hybrid and a little car called the Chevrolet Volt – will provide lithium-ion packs for Volvo's EVs. LG Chem also makes packs for CT&T, China's Chang'an Automobile Group and Eaton Corp. If that's not enough, a LG vice president said that the company expects to sign four more electric vehicle battery deals by the end of the year.
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Source: Yonhap via Green Car Congress