SEOUL, Oct. 4 (Korea Bizwire) – LG Chem Ltd., South Korea’s leading chemicals and battery maker, said Sunday that it has signed a deal to supply lithium-ion (EV) batteries to golf carts made by Japan’s Yamaha Motors Company.
Under the contract, LG Chem will supply Yamaha Motors with lithium-ion batteries for its golf carts starting from later this year until 2016, the Korean company said, without disclosing a specific amount.
The 5.5 kWh battery contained in a pouch is lighter and lasts longer than the lead storage battery, it said.
Yamaha is a major Japanese manufacturer of motorcycles, marine products and other motorized products, taking the No. 1 spot in the golf cart market.