LG Chem CFO Cho Suk-jeh has revealed the company will supply an automaker with a battery that will allow one of their models to travel more than 200 miles (321 km) on a single charge.

LG Chem CFO Cho Suk-jeh has revealed the company will supply an automaker with a battery that will allow one of their models to travel more than 200 miles (321 km) on a single charge. Suk-jeh declined to say which automaker will use the battery but all indications are pointing to General Motors.

While nothing is official, former GM CEO Dan Akerson announced plans for an electric vehicle with a 200 mile (321 km) early last year. Little is known about the car but Akerson suggested it could be equipped with a range-extending engine that runs on petrol, diesel or natural gas.

More importantly, insiders have previously tipped a 2016 launch and a $30,000 price tag. If the latter number pans out it, the model would likely be more affordable than the Tesla Model III which is expected to cost approximately $35,000 and have a range in excess of 200 miles (321 km).

Note: 2016 Chevrolet Volt pictured

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