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LG to enter e-bike lithium-ion market

Fri, 04/11/2014 - 11:07 -- Tildy Bayar
LG to enter e-bike lithium-ion market

LG Chem, a division of Korean electronics giant LG, is reportedly reviewing a plan to begin manufacturing batteries for electric bicycles.

According to the Korean IT Times, LG has shown its hand after clear signs that both the e-bike and rechargeable battery markets are growing, with growth in the latter sector accelerated by the trend toward replacing lead-acid batteries with lithium-ion.

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