LG Chemicals have the honor to supply a secondary cell to commercial vehicles in North America followed by sedans. Eaton is number one commercial vehicle component in North America and has more than 90 percent market share in the United States. On January fifth, LG Chemicals announced that it will supply Lithium ion batteries to Eaton starting in earnest this November and continue for four consecutive years. It will begin by a hybrid commercial vehicle to plug-in the hybrid electric vehicle (PHEV) and expand the model to supply.
This is a secure beginning as LG Chemicals has been domestically supplying GM, Hyundai, Kia, CT&T, and started to make inroads into the foreign market. Not only will LG Chemicals sell the battery cell, but also the battery management system (BMS) and distribute it in pack form. LG Chemicals will be the first to manufacture the cells at an electric-specified factory and transport them to the local subsidiary in the United States where it will be assembled in a pack form. Then, Eaton will install it into the power train system of commercial vehicles and supply the complete units to Navistar, Peterbilt, Kenworth, and IVECO.
