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LG Chem sees GM selling over 30,000 Bolt electric vehicles next year

Published 10/18/2016, 04:28 AM
Updated 10/18/2016, 04:30 AM
© Reuters. Journalists look over the 2017 Chevrolet Bolt EV after it is unveiled during a General Motors keynote address at the 2016 CES trade show in Las Vegas
GM
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SEOUL (Reuters) - South Korea's LG Chem Ltd (KS:051910), a battery supplier for General Motors Co's (GM) (N:GM) upcoming Bolt electric vehicles, said on Tuesday it expected the U.S. automaker to sell more than 30,000 of the cars next year.

LG Chem vice president Kang Chang-beom made the projection during a conference call to discuss the firm's third-quarter earnings.

© Reuters. Journalists look over the 2017 Chevrolet Bolt EV after it is unveiled during a General Motors keynote address at the 2016 CES trade show in Las Vegas

GM will be launching its subcompact Chevrolet Bolt EV in the coming months and is seen as a key test of whether the technology can go mainstream in the United States. The car will have an average driving range of 238 miles on a full charge.

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