Just reading LG Chem had sales last year of US$22B. You'd think they could buy GXY for a lazy $700M? LG Chem supply the Chevy Volt, Ford Focus EV and a few others. I still think we need the Chinese EV market to take off for increased interest, as our plant is there.
http://www.autonews.com/article/20130917/OEM05/130919851/lithium-ion-batteries-on-path-to-mass-market-lg-chem-power-chief-says#axzz2ghhMuvLc
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