Milestones

LG Chem and CPI - a strong foundation; an energized future


1947 LG Chem established as a chemical and materials business of LG Group
Jan 1995 LG Chem begins research and development of lithium-ion batteries
Sep 1998 LG Chem begins mass production of lithium-ion batteries in Korea
Oct 2000 CPI incorporated in Colorado, USA
Jun 2002 CPI's lithium-ion-powered race car sets a new world record for electric vehicles at the Pikes Peak International Hill Climb Auto Rally
Jun 2003 CPI breaks its own previous record at the Pikes Peak Hill Climb
Apr 2003 Ochang Techno Park begins operations in S. Korea
Feb 2004 USABC cell development program launched for HEV applications
Jun 2004 Mass production of 10Ah/6Ah lithium-ion polymer cells begins
Oct 2004 Nanjing, China, Techno Park begins operation
May 2005 CPI receives $3.8 million Michigan Economic Growth Authority (MEGA) Award as a tax incentive to move to Michigan
Jun 2005 CPI moves headquarters to Troy, Michigan
Aug 2006 CPI awarded US Advanced Battery Consortium (USABC) lithium ion polymer HEV battery technology development program
Jun 2007 CPI awarded development contract for the GM EFlex extended range electric vehicle
Jan 2008 CPI awarded US Advanced Battery Consortium (USABC) lithium ion polymer PHEV battery technology development program

 

Vision


 

CPI targets to be the partner of choice for vehicle manufacturers utilizing Lithium Ion Energy Storage Solutions for Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV), and Electric Vehicle (EV) applications.

 

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