LG Chem CEO Q&A Interview
Recently, Automotive News conducted an interview with Prabhakar Patil, CEO of LG Chem Power, the company’s North American division.
Patil was asked several questions, most of which had a Tesla tie in.
Below, we’ve selected 2 of the several Q&As from that interview to highlight here:
Q: LG Chem’s Holland, Mich., plant makes batteries for the Chevrolet Volt and Cadillac ELR. At what percent of capacity is the plant operating?
A: It’s at 25 to 30 percent of capacity.
Q: How long will lithium ion remain the battery of choice? Is there any technology — say, lithium air batteries — that will replace it?
A: We’ll have lithium ion for at least the next 10 to 15 years. Before you put anything on the road, you need five years to validate your technology. So if you want to have a proven technology by 2020, you need to solve all issues in the lab by 2015. I don’t see anything in anybody’s closet that is ready for that.
To hear the world leader in automotive batteries says that lithium-ion is here to stay until at least 2020 should put to rest the thoughts of an earth-shaking battery breakthrough coming within the next few years.
For the full Q&A, click the link below.
Source: Automotive News