LG Chem, Argonne Sign Licensing Deal to Make, Commercialize Advanced Battery Material

The U.S. Department of Energy's (DOE) Argonne National Laboratory and LG Chem, Ltd., announced January 6, 2011, that they have reached a licensing agreement to make and use Argonne's patented cathode material technology in lithium-ion battery cells.

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The U.S. Department of Energy's (DOE) Argonne National Laboratory and LG Chem, Ltd., announced January 6, 2011, that they have reached a licensing agreement to make and use Argonne's patented cathode material technology in lithium-ion battery cells.

The technology is in the battery cell that is powering General Motors Company's Chevrolet Volt, the first mass-produced plug-in hybrid electric vehicle. The Volt has an EPA estimated range of 35 miles on a full charge.

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