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Korean Batteries? Why ?

"New plug-in hybrids roll off our assembly lines, but they will run on batteries made in Korea."


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itsmesteph11

Asked by itsmesteph11 at 7:45 AM on Jul. 13, 2010 in Politics & Current Events

Level 39 (113,405 Credits)
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Answers (7)
  • Jenny...but don;t WE in the USA possess the technology and the intelligence to come up with our OWN battery?! OR CFL light bulb?! Why do we NEED other countries to do what we are more than capable of doing for ourselves?! It would be a way of revampiing manufacturing in THIS country--which means JOBS!!
    LoriKeet

    Answer by LoriKeet at 8:51 AM on Jul. 13, 2010

  • Because LG is a Korean firm, and apparently they are able to make the best product for the best price.

    LOL...CHEAP is the word! American companies cannot provide a low cost product because they are hampered by UNIONS, TAXES AND REGULATIONS. The US would have a thriving manufacturing sector without these 3 things.
    yourspecialkid

    Answer by yourspecialkid at 10:08 AM on Jul. 13, 2010

  • Well, obviously because this administration has no intention of improving unemployment and they don't give jobs any more attention than the lip service they have been spouting. They don't want manufacturing to come back to this country and as Biden has said, those jobs are gone. I love when we get a small iota of honesty from some of our elected officials. Even if it's not what I want to hear.  JMO.

    QuinnMae

    Answer by QuinnMae at 12:57 PM on Jul. 13, 2010

  • I'm sorry, I'm having a difficult time trying to determine exactly what you're asking. Why is the Chevy Volt using batteries made is Korea? Because LG is a Korean firm, and apparently they are able to make the best product for the best price.
    Jenny-talia

    Answer by Jenny-talia at 8:41 AM on Jul. 13, 2010

  • Because we don't have a manufacturing economy anymore. There actually aren't a whole lot of companies in the US who manufacture this type of batteries. One, Gold Peak Industries, recently announced a joint venture with a Taiwanese firm to being manufacturing lithium ion batteries, but they won't be in production for a while now. A consortium of 14 US companies recently requested a billion dollars in federal assistance to build a factory to manufacture batteries for electric cars. Maybe that has something to do with it -- if we want to make them here, it will likely require a huge upfront investment, either by the government or by an auto company, and how and when they get their money back is just entirely too up in the air. I haven't been able to find any information on what kind of contract is between Chevy and LG, it's possible this is a stop gap until the manufacturing can be done here (although I doubt it.)
    Jenny-talia

    Answer by Jenny-talia at 9:02 AM on Jul. 13, 2010

  • IF they are building a plant in Michigan and ....creating new jobs ...over 400 new jobs...and the batteries are made HERE by LG...what is the big problem???? Oh my goodness...you guys are NEVER happy,are you? Did you even read the whole article?
    gertie41

    Answer by gertie41 at 5:36 PM on Jul. 13, 2010

  • The political masters have long since decided that free trade is at the top of their agenda and so US manufacturing capacity has been exported to countries which produce more cheaply because of low wages and mimimal regulations about environmental , health and safety regulations. American capitalists would sooner invest their money in China and India than at home. Until the lunacy of free markets and free trade is replaced by a saner economicc policy, the US will continue to decline as a leader in manufacturing innovation, except for the defence industries, heavily supported by government anyway ..
    janet116

    Answer by janet116 at 2:01 AM on Jul. 14, 2010

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