Supplying Tomorrow's Energy Storage Solutions …Today!

Milestones

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1995
Start of Battery R&D
1998
Mass production of Lithium-ion batteries in Korea
2000
Compact Power Inc. incorporated in Colorado, USA
2002
LG Chem/Compact Power Inc. lithium-ion-powered race car sets a new world record for electric vehicles at the Pikes Peak International Hill Climb Auto Rally
2003
LG Chem/Compact Power Inc. breaks its own previous record at the Pikes Peak Hill Climb
2003
Ochang Techno Park begins operations in S. Korea
2004
USABC cell development program launched for HEV applications
2004
Mass production of larger format (vehicle application) cells
2004
Nanjing, China, Techno Park begins operation
2005
Compact Power moves to Troy MI
2006
LG Chem/Compact Power Inc. awarded US Advanced Battery Consortium (USABC) lithium ion polymer HEV battery technology development program
2007
LG Chem/Compact Power Inc. awarded development contract for the GM EFlex extended range electric vehicle
2008
LG Chem/Compact Power Inc. awarded US Advanced Battery Consortium (USABC) lithium ion polymer PHEV battery technology development program
2008
LG Chem selected as production HEV supplier for Hyundai-Kia
2009
Selected as production supplier for GM Volt
2010
LG Chem takes over CPI becomes LGCPI
2010
Selected as production supplier for the Ford Focus BEV
2010
Selected as production supplier for Volvo
2010
Selected as production supplier for Eaton
2010
Selected as supplier for Southern California Edison to deliver Residential Energy Storage Units (RESUs) for the Home Battery Pilot (HBP) program
2011
Selected as production supplier for Volvo Renault
2011
Definitive agreement with GM for next-gen BEV
2013
Selected by Southern California Edison for the Awarded SCE Tehachapi Storage Project (TSP)

Vision Statement

To be the North American center of excellence for the design and development of Battery Management Systems, Modules and Packs in collaboration with the Korea team and serve as the interface for local customers to make LG Chem Energy Solution Company the global leader in Li-ion batteries for vehicle and energy storage applications.

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