Compact Power, Inc.
Compact Power Inc. (CPI) is an energy storage systems manufacturing company. The company is a North American subsidiary of LG Chem. Ltd., Korea. It is engaged in the production of lithium ion batteries for automotive, non-automotive and commercial applications. CPI lithium ion battery packs are composed of battery cells, a battery management system, high voltage junction box, and interconnects. The company with its parent company has a strong hold in delivering high quality, safe, energy and compact light weight lithium ion batteries. The company offered products are provided with safety reinforced separator, mixed cathode chemistry, safer packaging, for hassle free and safe usage. Lithium-ion batteries are used as an alternative efficient energy source to gasoline and nickel metal hydride batteries. The products are principally used for hybrid electric vehicles (HEV), plug-in electric vehicles (PHEV) and other electric vehicles (EV). CPI through its products serve automotive, commercial, and military markets. The company is headquartered in Troy, Michigan, the US.