LG Chem LTD, a company based in South Korea has been chosen as the first generation Volt battery supplier.  A123 Systems and Compact Power Inc were also in the running to be the supplier for the Volt.  The deal will be formally announced in November, but right now GM and LG Chem are discussing different issues with the battery pack.

An LG spokesman in Seoul said: “We were informed that the results are due in November, but we didn’t get any official answer from GM yet. We hope for and expect a good result.”

Details about how the warranty will work out and other commercial issues surrounding the battery pack.  It is anticipated that the battery pack will be the most expensive part of the Volt so it’s important to get the details right the first time around.