SEOUL -- LG Chem, a battery supplier for General Motors’ upcoming Bolt electric vehicle, said today it expected the 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 company's third-quarter earnings.
GM will be launching its 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.
The Bolt will start at $37,495, including shipping -- $29,995 after a federal tax credit available to many buyers.