Sunday, September 19, 2010

Lithium Drive: GM Daewoo joins electric vehicle race TNR.v, CZX.v, RM.v, LIT, LIT.v, WLC.v, CLQ.v, LI.v, SQM, FMC, ROC, AONE, HEV, VLNC, NSANY, BYDDY, F, DAI,


   One more Korean automaker unveils its EV, Japanese auto makers are better to take notice - after Hyundai success story - Korean companies are competing very efficiently with their Japanese competitors. EV from GM Daewoo has a very impressive spec including 31 kWh Lithium ion battery. Korean companies are also very actively seeking now Lithium developers to secure supply of Lithium.


GM Daewoo joins electric vehicle race


GM Daewoo Auto and Technology Co. has jumped onto the electric car bandwagon with Korea’s first full-speed compact sedan powered by a battery.

The automaker said Sunday that it would carry out test drives of “Lacetti Premiere EV” in Seoul by the end of October to explore market demands, customer acceptance and battery range.

It was jointly developed by General Motors in a project participated by about 50 companies including LG Electronics and LG Chem.

The vehicle’s driving range per charge is 160 kilometers, exceeding those of existing electric vehicles. It can reach 165 kph, the fastest for a vehicle of its type in Korea, the company said.

It is based on the gasoline-fueled Lacetti Premiere, GM Daewoo’s compact sedan, which is sold as the Chevrolet Cruze outside of South Korea.

The vehicle is equipped with a 31 kilowatt battery from LG Chem that generates a maximum power of 150 kilowatts. It features a propulsion system from LG Electronics.

The demonstration fleet will be monitored closely to determine the amount of real-world range achievable by a vehicle of its size.

On specific test schedules conducted by LG Chem, the demonstration vehicles may achieve a range of up to 160 kilometers. The vehicle can go from zero to 100 kph in 8.2 seconds.

The Lacetti Premiere EV can be charged in eight to 10 hours on a standard 220-volt outlet. Part of the demonstration fleet’s task is to test a quick charge application which could reduce the charge time significantly.

Its battery pack is mounted on the underneath of the chassis, whereas competitor battery packs occupy trunk space. This gives the Lacetti the same trunk space as conventional vehicles.

Since 2008, GM has been working with LG Chem, which is the exclusive supplier of battery cells for the Chevrolet Volt electric vehicle with extended range.

“With the Lacetti Premiere EV demo fleet, along with other initatives, we are confident that GM Daewoo will play a leading role in the domestic electric vehicle market,” GM Daewoo president Mike Arcamone said.

LG Chem vice chairman Kim Bahn-suk said, “Expanding the domestic electric vehicle market carries significant meaning for collaboration between GM Daewoo and LG Chem.”

Earlier this month, Hyundai Motor Co. unveiled the world’s second and the nation’s first full-speed electric vehicle, BlueOn.

The car’s design is based on Hyundai Motor’s compact hatchback i10, popular in the European market. It cost the carmaker and its 43 suppliers and partner companies 40 billion won ($34 billion) and took them a year to produce.

By Kim Yon-se ("
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