LG to Join List of Battery Manufacturers

[Aushiker]

Bike Europe is reporting that ...

LG Chem (part of the Korean electronics giant LG) is reviewing a plan to plunge into the business of making e-bike batteries after seeing a clear sign that the market is indeed growing. This was reported yesterday by the Korean IT Times. After Samsung, Bosch and Panasonic this is he next world electronics player stepping into the e-bike market.

At least maybe more battery options, if not price decreases maybe.

Andrew

 

[James]

It's a good thing to add more competition! Monopolies suck for consumers

 

[Admin]

LG seems to make quality stuff and I agree with James that this diversification of manufacturers will help lower prices and provide unique alternatives and support for new standards as they arise.